Stanage Nick L 4

What Happened

• Nick L. Stanage, a director of Huntington Ingalls Industries (HII), was credited with 0.849 shares on March 13, 2026. The shares were recorded as an award/acquisition (code A) at a reported price of $0.00, resulting in $0 total cash consideration. This credit represents dividend equivalents tied to director stock units (SUAs) under the company’s long-term incentive plans, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-13; Form 4 filed: 2026-03-16 (reporting period matches Mar 13, 2026).
• Transaction type/code: Award/acquisition (A); Price per share reported: $0.00; Total reported value: $0.
• Shares credited: 0.849 shares (dividend equivalents on SUAs).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: Dividend equivalents are credited on each director stock unit (SUA). Each SUA equals the right to one share (payable generally after the director leaves), and the number of dividend-equivalent shares is calculated by dividing the aggregate dividend by the closing price on the dividend payment date (see F1).
• Timeliness: Filing not marked as late in the provided information.

Context

• This transaction reflects dividend-equivalent credits on deferred director units (SUAs), a common non-cash compensation mechanism for non-employee directors. Such credits are routine and do not represent a market buy or sell signal. The credited SUAs typically convert to actual shares (or are paid) under the plan’s terms, often after board service ends.