Jimenez Frank R 4
4 · HUNTINGTON INGALLS INDUSTRIES, INC. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
HII Director Frank R. Jimenez Receives 10.425 Shares
What Happened Frank R. Jimenez, a member of the board of directors of Huntington Ingalls Industries, received an award/acquisition of 10.425 shares (transaction code A) on March 13, 2026. The shares were recorded at $0.00 (dividend-equivalent units credited to director stock units), so the reported cash value for the transaction is $0.00. This is not an open-market purchase or sale but a grant of shares/rights tied to dividend equivalents.
Key Details
- Transaction date: 2026-03-13; Form 4 filed: 2026-03-16.
- Shares acquired: 10.425; Price per share reported: $0.00; reported cash value: $0.00.
- Transaction type: Award/Grant (A) — dividend-equivalent credit to director stock units (SUAs).
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnote: Dividend equivalents are credited to each director SUA after the company’s quarterly cash dividend; each SUA corresponds to a right to one share and is generally payable within 30 days after a non-employee director leaves the board.
Context This transaction reflects routine compensation mechanics for non-employee directors (crediting dividend equivalents to director stock units) rather than an investment decision by the insider. Dividend-equivalent credits increase the number of SUAs (rights to shares) and are recorded as grants at no cost to the director.
Insider Transaction Report
- Award
Common Stock (SUA)
[F1]2026-03-13+10.425→ 3,150.911 total
- 550
Common Stock
Footnotes (1)
- [F1]Pursuant to the Huntington Ingalls Industries, Inc. 2012 and 2022 Long-Term Incentive Stock Plan (together, the "LTISPs"), dividend equivalents are credited on each director stock unit ("SUA") held by the Reporting Person following the payment of the Company's quarterly cash dividend. Each SUA represents a right to receive one share of Company common stock, which will generally become payable within 30 days following the date a non-employee director ceases to provide services as a member of the board of directors. The number of dividend equivalents acquired by the Reporting Person under the LTISPs is calculated by dividing the aggregate amount of the dividend paid on the total number of SUAs held by the Reporting Person by the closing price of a share of Company common stock on the dividend payment date.