DONALD KIRKLAND H 4
Research Summary
AI-generated summary
Huntington Ingalls (HII) Director Donald Kirkland Receives Award
What Happened
Donald K. H. Kirkland, a director of Huntington Ingalls Industries (HII), was credited with 22.14 shares on 2026-03-13 under the company's long-term incentive plans. The Form 4 reports this as an award/acquisition (code A) with a reported acquisition price of $0.00 and reported value $0 (a non-cash dividend-equivalent credit to director stock units).
Key Details
- Transaction date: 2026-03-13; Form 4 filed: 2026-03-16 (timely filing).
- Transaction type/code: Award/Grant (A) — dividend-equivalent credit to director stock units (SUAs).
- Shares acquired: 22.14; reported acquisition price/value: $0.00 / $0 (non-cash).
- Shares owned after transaction: not disclosed in the provided excerpt of the filing.
- Footnote: The award reflects dividend equivalents credited on director stock units under the 2012 and 2022 LTISPs; each SUA equals a right to one share and generally becomes payable within 30 days after a non-employee director leaves the board.
Context
This is a routine, non-cash award of dividend equivalents on director stock units (not an open-market purchase or sale). Such credits are standard compensation/benefit mechanics and do not by themselves indicate the director is buying or selling stock.