Collins Augustus L 4

What Happened
Augustus L. Collins, a director of Huntington Ingalls Industries (HII), was credited with 50.262 director stock units (SUAs) on June 12, 2026. The report shows an acquisition at $0.00 per unit (transaction code A — grant/award), reflecting dividend equivalents credited to existing SUAs rather than an open-market purchase or cash payment.

Key Details

• Transaction date: 2026-06-12; filing date: 2026-06-15.
• Transaction type/code: Award (A); 50.262 SUAs acquired at $0.00 (no cash paid).
• Reported value in filing: $0 (units credited as dividend equivalents).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: Dividend equivalents are credited on each SUA after the company's quarterly cash dividend; each SUA represents a right to one share, typically payable within 30 days after a non‑employee director leaves the board. Dividend equivalents are calculated by dividing the dividend amount by the closing stock price on the dividend payment date.

Context
This was a routine award of dividend equivalents to director stock units (compensation/adjustment to SUAs), not an open-market buy or sale. SUAs represent contingent rights to receive shares later (usually upon cessation of board service), so this credit increases the director’s future share entitlement rather than indicating an immediate purchase or sale.