Huntington Ingalls (HII) Director Leo Denault Receives 23.405-Share Award

What Happened
Leo P. Denault, a director of Huntington Ingalls Industries (HII), was credited with 23.405 shares on 2026-09-11. The transaction is reported as an Award/Acquisition (code A) and shows an acquisition price of $0.00 (total reported value $0). This was not an open-market purchase or sale but a routine credit of dividend equivalents to director stock units.

Key Details

• Transaction date: 2026-09-11; Form 4 filed: 2026-09-14 (timely filing).
• Transaction type/code: Award/Acquisition (A).
• Shares credited: 23.405; reported acquisition price: $0.00; total reported value: $0.
• Shares owned after transaction: not specified in the Form 4 excerpt provided.
• Footnote: Dividend equivalents are credited to director stock units (SUAs) under the 2012 and 2022 LTISPs; each SUA represents a right to one share and the number of dividend-equivalent shares is calculated by dividing the dividend amount by the closing stock price on the dividend payment date.

Context
These credits are routine compensation adjustments (dividend equivalents) to director stock units and generally become payable as shares only after a non-employee director leaves the board (typically within ~30 days). Such awards are not the same as a director buying stock on the open market and should be viewed as standard compensation treatment rather than a direct trading signal.