Faller Craig S. 4

What Happened

• Craig S. Faller, a member of the board of directors of Huntington Ingalls Industries (HII), was credited 5.762 shares on 2026-03-13 as an award/grant (transaction code A). The filing reports an acquisition price of $0 and a total reported value of $0 — these reflect non-cash dividend-equivalent credits to director stock units, not an open-market purchase.

Key Details

• Transaction date: 2026-03-13; Form 4 filed: 2026-03-16.
• Shares credited: 5.762; reported price: $0.00; total reported value: $0.
• Shares owned after the transaction: not disclosed in this filing.
• Footnote summary (F1): the shares are dividend equivalents credited to director stock units (SUAs) under the company's 2012 and 2022 LTISPs. Each SUA equals the right to one share, and dividend equivalents are calculated by dividing the dividend paid on the SUAs by the closing stock price on the dividend date. SUAs generally become payable (shares delivered) within ~30 days after a non-employee director leaves the board.
• Filing timeliness: Form filed three days after the reported transaction; the filing does not indicate any special late-filing designation.

Context

• This is a routine, non-cash compensation credit (dividend equivalents on director stock units), not a market buy or sell. Such awards reflect automatic plan mechanics rather than a director changing their market exposure.