HUNTINGTON INGALLS INDUSTRIES, INC.·4

Jun 15, 4:22 PM ET

Stanage Nick L 4

Research Summary

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Updated

Huntington Ingalls (HII) Director Nick Stanage Receives 1.189 Shares

What Happened

  • Nick L. Stanage, a director of Huntington Ingalls Industries, was credited with 1.189 shares on June 12, 2026. The reported transaction is coded as an award/grant (A) and shows an acquisition price of $0.00 (total reported value $0).
  • This was not an open‑market purchase or sale but the receipt of dividend equivalents credited to director stock units (SUAs) under the company’s long‑term incentive plans.

Key Details

  • Transaction date: 2026-06-12; Form 4 filed: 2026-06-15 (appears to be timely).
  • Transaction type/code: A (award/grant — dividend-equivalent credit).
  • Shares acquired: 1.189; price per share: $0.00; total reported cash value: $0.
  • Shares owned after the transaction: not specified in the provided filing details.
  • Footnote: Dividend equivalents are credited on each director stock unit (SUA). Each SUA represents a right to one share, generally payable within 30 days after a non‑employee director leaves the board. The number of dividend equivalents is calculated by dividing the aggregate dividend on the SUAs by the closing share price on the dividend payment date.

Context

  • This is routine director compensation (dividend equivalents on SUAs), not a market purchase or sale — such awards are common and do not by themselves imply a buy/sell signal.
  • For investors, purchases typically carry more interpretive weight; awards and dividend credits are usually administrative/compensation items.