McKibben Tracy B 4
4 · HUNTINGTON INGALLS INDUSTRIES, INC. · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
HII Director Tracy McKibben Receives 25.893-Share Award
What Happened
Tracy McKibben, a director of Huntington Ingalls Industries (HII), was credited with 25.893 shares on June 12, 2026. The Form 4 reports this as an acquisition (code A) at $0.00 per share — these shares reflect dividend equivalents credited to director stock units rather than an open-market purchase.
Key Details
- Transaction date: 2026-06-12; Form 4 filed: 2026-06-15 (filed within the SEC’s two-business-day window).
- Transaction type/code: Grant/award/other acquisition (A). Reported price: $0.00. Shares acquired: 25.893.
- Shares owned after transaction: not specified on the provided filing.
- Footnote: Dividend equivalents are credited on director stock units (SUAs) under the company's 2012 and 2022 LTISPs; the number credited is the dividend amount divided by the closing stock price on the dividend payment date.
- No 10b5-1 plan, tax-withholding sale, or cashless exercise is indicated in the filing.
Context
These credits are non-cash, plan-driven awards (dividend equivalents) that typically convert to shares when a non-employee director leaves the board; they do not represent an open-market purchase or sale and should be viewed as routine compensation/plan activity rather than an insider betting for or against the stock.
Insider Transaction Report
- Award
Common Stock (SUA)
[F1]2026-06-12+25.893→ 5,610.832 total
Footnotes (1)
- [F1]Pursuant to the Huntington Ingalls Industries, Inc. 2012 and 2022 Long-Term Incentive Stock Plan (together, the "LTISPs"), dividend equivalents are credited on each director stock unit ("SUA") held by the Reporting Person following the payment of the Company's quarterly cash dividend. Each SUA represents a right to receive one share of Company common stock, which will generally become payable within 30 days following the date a non-employee director ceases to provide services as a member of the board of directors. The number of dividend equivalents acquired by the Reporting Person under the LTISPs is calculated by dividing the aggregate amount of the dividend paid on the total number of SUAs held by the Reporting Person by the closing price of a share of Company common stock on the dividend payment date.