Schuck Nicolas G 4

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.