SCHIEVELBEIN THOMAS C 4
4 · HUNTINGTON INGALLS INDUSTRIES, INC. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Huntington Ingalls (HII) Director Thomas Schievelbein Receives 76 Shares
What Happened
Thomas C. Schievelbein, a member of the board of directors of Huntington Ingalls Industries (HII), was credited with 75.906 shares on March 13, 2026. The Form 4 lists this as an award/acquisition (transaction code A) at $0.00 per share (total cash paid $0). This is a compensation-related credit (dividend equivalents), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-13; transaction code: A (award/grant/acquisition).
- Shares acquired: 75.906; reported price per share: $0.00; total cash reported: $0.
- Shares owned after transaction: Not disclosed in this Form 4.
- Footnote: Dividend equivalents were credited under the company’s 2012 and 2022 Long-Term Incentive Stock Plans (LTISPs) and are calculated by dividing the dividend amount by the closing stock price on the dividend payment date (see footnote F1). Each director stock unit (SUA) represents a right to one share, typically payable within 30 days after a non-employee director leaves the board.
- Filing timeliness: Report filed 2026-03-16 for a 2026-03-13 transaction — appears timely (filed within required SEC business-day window).
Context
This transaction reflects dividend-equivalent crediting tied to director stock units, i.e., a compensation/accounting award — not a market buy or sale. Such credits increase director holdings or future payout rights but do not represent current cash purchases or insider selling. For retail investors, award credits are routine compensation events and should not be interpreted as direct insider buying pressure.
Insider Transaction Report
- Award
Common Stock (SUA)
[F1]2026-03-13+75.906→ 22,942.016 total
- 7,967.365
Common Stock
Footnotes (1)
- [F1]Pursuant to the Huntington Ingalls Industries, Inc. 2012 and 2022 Long-Term Incentive Stock Plan (together, the "LTISPs"), dividend equivalents are credited on each director stock unit ("SUA") held by the Reporting Person following the payment of the Company's quarterly cash dividend. Each SUA represents a right to receive one share of Company common stock, which will generally become payable within 30 days following the date a non-employee director ceases to provide services as a member of the board of directors. The number of dividend equivalents acquired by the Reporting Person under the LTISPs is calculated by dividing the aggregate amount of the dividend paid on the total number of SUAs held by the Reporting Person by the closing price of a share of Company common stock on the dividend payment date.