Schuck Nicolas G 4
4 · HUNTINGTON INGALLS INDUSTRIES, INC. · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
Huntington Ingalls (HII) Corp VP Nicolas Schuck Receives Award
What Happened Nicolas G. Schuck, Corporate Vice President, Controller & Chief Accounting Officer of Huntington Ingalls Industries (HII), was granted 4.771 restricted stock rights (RSRs) on 2026-06-12. The reported acquisition is recorded at $0.00 (derivative award); the units represent dividend equivalent rights credited after the company’s quarterly cash dividend, not a cash purchase.
Key Details
- Transaction type: Award/Grant (derivative RSRs; code A).
- Transaction date: 2026-06-12. Form 4 filed: 2026-06-15 (timely filing).
- Amount acquired: 4.771 RSRs; reported price $0.00 (no cash outlay).
- Shares owned after transaction: not specified in the filing.
- Footnote summary:
- F1: Each RSR is a contingent right to receive the equivalent number of common shares (or cash/combination at the Compensation Committee’s discretion). RSRs vest in three equal annual installments beginning on the grant anniversary.
- F2: The 4.771 units represent dividend equivalent rights credited after the dividend; the number is computed by dividing the dividend amount on the RSRs by the closing stock price on the dividend payment date.
Context This transaction is an award of derivative rights tied to existing restricted stock rights and reflects routine compensation/dividend crediting rather than an open‑market purchase or sale. Awards and dividend-equivalent credits are common forms of executive compensation and do not by themselves signal a buy or sell decision.
Insider Transaction Report
- Award
Restricted Stock Rights
[F1][F2]2026-06-12+4.771→ 1,033.805 total→ Common Stock (4.771 underlying)
Footnotes (2)
- [F1]Each Restricted Stock Right ("RSR") represents a contingent right to receive an equivalent number of shares of Company common stock, or, at the discretion of the Company's Compensation Committee, cash or a combination of cash and Company common stock. The RSRs were granted under the 2022 Long-Term Incentive Stock Plan ("LTISP") and vest ratably in three equal installments upon each of the first, second and third anniversaries of the grant date.
- [F2]The amount acquired represents dividend equivalent rights on the RSRs, which are credited following payment of the Company's quarterly cash dividend. Pursuant to the LTISP, the number of dividend equivalent rights acquired is calculated by dividing the aggregate amount of the dividend paid on the total number of RSRs held by the reporting person by the closing price of a share of Company common stock on the dividend payment date.