SCHIEVELBEIN THOMAS C 4
Research Summary
AI-generated summary
Huntington Ingalls (HII) Director Thomas Schievelbein Receives Award
What Happened
Thomas C. Schievelbein, a director of Huntington Ingalls Industries (HII), was granted 123 shares (recorded as an acquisition/award) on April 1, 2026. The grant is valued at $393.32 per share, for a total value of $48,378. This transaction represents a compensation/award deferral rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-01; grant price: $393.32 per share; total value: $48,378.
- Shares acquired: 123 shares (deferred into a stock unit account).
- Shares owned after transaction: not specified in this Form 4.
- Footnote: Shares were deferred into a stock unit account pursuant to the Huntington Ingalls Industries, Inc. 2022 Long-Term Incentive Stock Plan; transaction reported as exempt under Rule 16b-3.
- Filing: Form 4 filed 2026-04-03 (filed within the standard reporting window).
Context
This was an award/deferred-stock transaction (compensation deferral) common for directors and does not indicate an open-market buy or sell. Deferred stock units typically convert to actual shares or cash under the plan's terms at a later date (vesting, retirement, or payout) and are primarily a form of compensation/alignment with shareholders rather than a direct signal of the insider’s near-term market view.