DENAULT LEO P 4
4 · HUNTINGTON INGALLS INDUSTRIES, INC. · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
Huntington Ingalls (HII) Director Leo Denault Receives 20.419 Shares
What Happened Leo Denault (Director) was credited with 20.419 shares on 2026-06-12 under an award/acquisition (transaction code A). The filing reports the acquisition price as $0.00 — these shares were issued as dividend equivalents tied to director stock units, not bought on the open market.
Key Details
- Transaction date: 2026-06-12; Form 4 filed: 2026-06-15 (filed timely).
- Shares acquired: 20.419; reported price per share: $0.00 (award/dividend-equivalent credit).
- Transaction type: A (award/acquisition of shares via dividend equivalents to director stock units).
- Shares owned after the transaction: not disclosed in the provided excerpt of the filing.
- Footnote: Under the company’s 2012 and 2022 Long-Term Incentive Stock Plans, dividend equivalents are credited to each director stock unit (SUA). Each SUA represents 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.
- No 10b5-1 plan, option exercise, tax-withholding sale, or late filing flag indicated in the provided information.
Context This transaction reflects routine director compensation: dividend-equivalent credits to director stock units (SUA). SUAs generally convert to actual shares when a non-employee director leaves the board (typically payable within ~30 days after cessation). Such awards are standard and do not, by themselves, indicate a change in the insider’s view of the company’s prospects.
Insider Transaction Report
- Award
Common Stock (SUA)
[F1]2026-06-12+20.419→ 4,424.763 total
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.