4Accepted Sep 14, 4:12 PM ET
Huntington Ingalls (HII) Director Collins Receives 54.597 Shares
Accepted (ET)
4:12 PM
Sep 14, 2026
Filed
Sep 14, 2026
Documents
1
Size
5.9 KB
Summary
Huntington Ingalls (HII) Director Collins Receives 54.597 Shares
What Happened
Augustus L. Collins, a director of Huntington Ingalls Industries (HII), was credited 54.597 director stock units on 2026-09-11 as an award (transaction code A). The reported acquisition price is $0.00 (these units reflect dividend equivalents credited to director stock units, not a cash purchase).
Key Details
- Transaction date: 2026-09-11; Form 4 filed: 2026-09-14 (timely filing).
- Reported transaction: 54.597 shares acquired at $0.00 (aggregate $0).
- Transaction code: A (award/grant/acquisition).
- Footnote: Dividend equivalents are credited on each director stock unit (SUA) after quarterly cash dividends; the number credited is the dividend amount on the SUAs divided by the closing share price on the dividend payment date. SUAs generally convert to shares within ~30 days after a non-employee director leaves the board.
- Shares owned after the transaction: not specified in the filing.
Context
This is a non-cash director compensation event (dividend equivalents credited to director stock units) rather than an open-market purchase or sale. Such awards are routine compensation for non-employee directors and do not, by themselves, imply a vote of confidence or negative view on the stock.