Stiehle Thomas E. 4
Research Summary
AI-generated summary
Huntington Ingalls (HII) Ex-CFO Thomas E. Stiehle Receives Award
What Happened
- Thomas E. Stiehle, listed as Ex. VP and CFO of Huntington Ingalls Industries (HII), was granted/acquired 13.141 restricted stock rights (RSRs) on March 13, 2026. The reported acquisition price is $0.00 because these are dividend-equivalent RSRs (a derivative award), not a cash purchase.
Key Details
- Transaction date: 2026-03-13 (Report filed: 2026-03-16). Filing was made within the typical Form 4 deadline (filed promptly after the transaction).
- Transaction type/code: A (award/grant — derivative instrument representing RSRs); price reported $0.00.
- Amount acquired: 13.141 RSRs (reported as shares); total cash paid: $0.
- Shares owned after transaction: not specified in the information provided in your summary.
- Footnotes: F1 — RSRs are contingent rights to receive equivalent common shares (or cash/combination at the Compensation Committee’s discretion) under the 2022 Long-Term Incentive Stock Plan (LTISP). F2 — these 13.141 RSRs represent dividend-equivalent rights credited after the company’s quarterly cash dividend; the number is calculated by dividing the aggregate dividend on the holder’s RSRs by the closing share price on the dividend payment date.
Context
- This was not an open-market purchase or sale of common stock but a derivative award (dividend equivalents credited as additional RSRs). Such credits are routine under long-term incentive plans and do not necessarily indicate the insider buying or selling stock.