McKibben Tracy B 4
Research Summary
AI-generated summary
Huntington Ingalls (HII) Director Tracy B. McKibben Receives Award
What Happened
Tracy B. McKibben, a director of Huntington Ingalls Industries (HII), was granted/received 123 shares (recorded as an acquisition) on 2026-04-01 at a value of $393.32 per share, totaling $48,378. This transaction is an award/deferral under the company's long-term incentive program rather than an open‑market purchase or sale.
Key Details
- Transaction date and price: 2026-04-01; 123 shares at $393.32 per share (total value $48,378).
- Transaction type: A (award/grant or other acquisition); shares were deferred into a stock unit account.
- Plan/footnote: Shares deferred under the Huntington Ingalls Industries, Inc. 2022 Long‑Term Incentive Stock Plan; exempt under Rule 16b-3 (see footnote).
- Shares owned after transaction: Not specified in the Form 4 filing.
- Filing timeliness: Report filed 2026-04-03 for the 2026-04-01 transaction — appears to be timely.
Context
This was a compensation-related stock unit deferral (common for directors and executives) and does not indicate an open‑market buy or sell decision. Such awards are routine and granted under the company’s LTIP; they are exempt from short-swing profit recovery under Rule 16b-3.