Jimenez Frank R 4

What Happened
Frank R. Jimenez, a member of the board of directors of Huntington Ingalls Industries, received 15.179 shares on 2026-06-12. The reported transaction is coded as an award/acquisition (A) with an acquisition price of $0.00, indicating these shares were credited as dividend equivalents to director stock units rather than bought on the open market.

Key Details

• Transaction date: 2026-06-12 (Period of Report). Form 4 filed 2026-06-15 (timely filed).
• Transaction type/code: A — Grant, award, or other acquisition.
• Shares credited: 15.179; price reported: $0.00 (no cash paid).
• Shares owned after transaction: Not specified in the filing.
• Footnote summary: Under the company’s 2012 and 2022 Long‑Term Incentive Stock Plans, dividend equivalents are credited on each director stock unit (SUA). Each SUA represents a right to one share and is generally payable within 30 days after a non‑employee director leaves the board. The number of dividend-equivalent SUAs is calculated by dividing the aggregate dividend paid on the SUAs by the closing stock price on the dividend payment date.

Context
This was not an open‑market purchase or sale but a routine compensation/dividend-equivalent credit to director units. Because these SUAs typically convert to shares only when the director ceases service, the credited units are generally not immediately sellable and do not necessarily signal a change in the director’s market view.