Faller Craig S. 4
Research Summary
AI-generated summary
Huntington Ingalls (HII) Director Craig S. Faller Receives 123-Share Award
What Happened
- Craig S. Faller, a director of Huntington Ingalls Industries (HII), was granted/acquired 123 shares (treated as deferred stock units) on April 1, 2026.
- The per-share amount reported is $393.32, for a total value of about $48,378. This was an award/deferral under the company’s 2022 Long-Term Incentive Stock Plan, not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-04-01; Filing date: 2026-04-03 (filed within the typical 2-business-day Form 4 window).
- Price reported: $393.32 per share; Total value: $48,378.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnote: Shares were deferred into a stock unit account pursuant to the Huntington Ingalls Industries, Inc. 2022 Long-Term Incentive Stock Plan in an exempt transaction under SEC Rule 16b‑3 (compensatory plan exemption).
Context
- This was a compensatory award/deferral (A = award/acquisition) rather than a market purchase; such deferrals are standard for director compensation and do not necessarily signal a personal buy/sell opinion.
- Rule 16b‑3 exempt transactions cover many routine equity awards to insiders; they are common and treated differently than open-market purchases or sales.