HII Director Thomas Schievelbein Receives 115.189-Share Award

What Happened

• Thomas C. Schievelbein, a director of Huntington Ingalls Industries, received 115.189 shares on 2026-09-11. The transaction is reported as an award/acquisition (code A) at $0.00 — these are dividend-equivalent credits tied to director stock units, not an open-market purchase.

Key Details

• Transaction date: 2026-09-11 (reported on Form 4 filed 2026-09-14).
• Transaction type/code: Award/Acquisition (A).
• Shares acquired: 115.189 shares; reported price $0.00 (no cash exchanged).
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: These shares are dividend equivalents credited to director stock units (SUAs) under the company’s 2012 and 2022 LTISPs. Each SUA equals a right to one share and dividend equivalents are calculated by dividing the aggregate dividend on the SUAs by the closing stock price on the dividend payment date. SUAs generally become payable within 30 days after a non‑employee director leaves the board.
• Timeliness: Filed within the reporting window (timely).

Context

• This was a dividend-equivalent award (administrative credit), not a market purchase or sale. Such credits reflect routine dividend treatment of director stock units and do not necessarily signal a change in insider sentiment.