Huntington Ingalls (NYSE: HII) director granted 174 deferred stock units as equity award
Rhea-AI Filing Summary
Huntington Ingalls Industries director Augustus L. Collins received an award of 174 common stock units valued at $278.97 per unit. The award was made as a grant under the company’s 2022 Long-Term Incentive Stock Plan and was deferred into a stock unit account in an exempt transaction under Rule 16b-3. Following this compensation-related acquisition, Collins directly holds a total of 11,065.823 common shares and stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 174 shares
Net Buy
1 txn
Insider
Collins Augustus L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock (SUA) | 174 | $278.97 | $49K |
Holdings After Transaction:
Common Stock (SUA) — 11,065.823 shares (Direct)
Footnotes (1)
- F1. Shares of common stock deferred into stock unit account pursuant to Huntington Ingalls Industries, Inc. 2022 Long-Term Incentive Stock Plan in an exempt transaction pursuant to Rule 16b-3.
Key Figures
Stock units granted: 174 units
Grant price per unit: $278.97 per unit
Holdings after transaction: 11,065.823 shares/units
3 metrics
Stock units granted
174 units
Common Stock (SUA) grant on 2026-07-01
Grant price per unit
$278.97 per unit
Reported transaction price for stock unit award
Holdings after transaction
11,065.823 shares/units
Total direct holdings following the award
Key Terms
2022 Long-Term Incentive Stock Plan, stock unit account, Rule 16b-3
3 terms
2022 Long-Term Incentive Stock Plan financial
"pursuant to Huntington Ingalls Industries, Inc. 2022 Long-Term Incentive Stock Plan in an exempt transaction"
stock unit account financial
"Shares of common stock deferred into stock unit account pursuant to Huntington Ingalls Industries, Inc. 2022 Long-Term Incentive Stock Plan"
Rule 16b-3 regulatory
"in an exempt transaction pursuant to Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did HII director Augustus L. Collins report on this Form 4?
Augustus L. Collins reported receiving an award of 174 common stock units of Huntington Ingalls Industries. The units were granted as part of the company’s long-term incentive compensation and represent a non-cash acquisition rather than an open-market purchase or sale.
At what price were the HII stock units granted to Augustus L. Collins?
The 174 common stock units were granted at a price of $278.97 per unit. This price is used for reporting and valuation purposes in the compensation plan and does not reflect an open-market trade by the director.
What plan governed the stock unit award to HII director Augustus L. Collins?
The award was made under the Huntington Ingalls Industries, Inc. 2022 Long-Term Incentive Stock Plan. This plan provides equity-based compensation, such as stock units, to directors and other eligible participants to align their interests with long-term shareholder value.
Was the HII stock unit transaction by Augustus L. Collins an open-market trade?
No, the transaction was not an open-market trade. The 174 stock units were granted as a compensation award and deferred into a stock unit account, classified as an exempt transaction under Rule 16b-3 rather than a market purchase or sale.
How was the HII stock unit award to Augustus L. Collins treated under SEC rules?
The stock unit award was treated as an exempt transaction under SEC Rule 16b-3. This rule generally exempts certain issuer-approved compensation awards to insiders from short-swing profit rules, reflecting that they are part of structured compensation, not speculative trading.