O'Sullivan Stephanie L. 4
Research Summary
AI-generated summary
Huntington Ingalls (HII) Director Stephanie O'Sullivan Receives Award
What Happened
- Stephanie L. O'Sullivan, a director of Huntington Ingalls Industries (HII), was credited with 18.638 shares on June 12, 2026 under an award/grant (transaction code A). The filing reports an acquisition price of $0.00 and a total reported value of $0, reflecting dividend-equivalent share units rather than a cash purchase.
Key Details
- Transaction date: 2026-06-12; filing date: 2026-06-15 (timely filed within SEC Form 4 rules).
- Transaction type/code: Award/Grant (A).
- Shares acquired: 18.638 share-equivalents; reported price per share: $0.00; reported total value: $0.
- Shares owned after the transaction: not specified in the Form 4 provided.
- Footnote: These shares reflect dividend equivalents credited on director stock units (SUAs) under HII’s 2012 and 2022 Long-Term Incentive Stock Plans. Dividend equivalents are converted into SUAs by dividing the dividend amount by the company’s closing share price on the dividend payment date.
- No indication of 10b5-1 plan, tax withholding, sale, or exercise in this filing.
Context
- This was not a market purchase or sale but a routine crediting of dividend equivalents to director stock units. Each SUA is a right to one share that generally becomes payable within ~30 days after a non-employee director stops serving on the board. Such credits are common and do not in themselves signal a buy/sell view by the insider.