SCHIEVELBEIN THOMAS C 4

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.