Jimenez Frank R 4

What Happened Frank R. Jimenez, a member of the board of directors of Huntington Ingalls Industries, received an award/acquisition of 10.425 shares (transaction code A) on March 13, 2026. The shares were recorded at $0.00 (dividend-equivalent units credited to director stock units), so the reported cash value for the transaction is $0.00. This is not an open-market purchase or sale but a grant of shares/rights tied to dividend equivalents.

Key Details

• Transaction date: 2026-03-13; Form 4 filed: 2026-03-16.
• Shares acquired: 10.425; Price per share reported: $0.00; reported cash value: $0.00.
• Transaction type: Award/Grant (A) — dividend-equivalent credit to director stock units (SUAs).
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnote: Dividend equivalents are credited to each director SUA after the company’s quarterly cash dividend; each SUA corresponds to a right to one share and is generally payable within 30 days after a non-employee director leaves the board.

Context This transaction reflects routine compensation mechanics for non-employee directors (crediting dividend equivalents to director stock units) rather than an investment decision by the insider. Dividend-equivalent credits increase the number of SUAs (rights to shares) and are recorded as grants at no cost to the director.