Schuck Nicolas G 4
4 · HUNTINGTON INGALLS INDUSTRIES, INC. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Huntington Ingalls (HII) VP/CAO Nicolas Schuck Receives Award
What Happened Nicolas G. Schuck, Corporate Vice President, Controller & Chief Accounting Officer of Huntington Ingalls Industries (HII), was credited with 3.405 Restricted Stock Rights (RSRs) on 2026-03-13. The Form 4 shows this as an award/acquisition (code A) at $0.00 (derivative), reflecting dividend-equivalent units rather than a cash purchase; total cash paid by the insider was $0.
Key Details
- Transaction date: 2026-03-13; Form 4 filed: 2026-03-16 (timely within SEC filing window).
- Amount credited: 3.405 RSRs; reported price: $0.00; transaction type: Award/Grant (derivative).
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Footnotes:
- F1 — Each RSR is a contingent right to receive a like number of common shares (or, at the Compensation Committee’s discretion, cash or a cash/stock mix) under the 2022 Long‑Term Incentive Stock Plan (LTISP).
- F2 — These 3.405 units represent dividend-equivalent rights credited after the company’s quarterly cash dividend; the number is calculated by dividing the dividend amount by the stock closing price on the dividend payment date.
Context This was a small, routine derivative credit of dividend-equivalent restricted stock rights under the company’s LTISP, not an open-market purchase or sale. Such dividend-equivalent credits are administrative and do not necessarily reflect a change in insider sentiment; conversion into actual shares or cash is governed by the LTISP and the Compensation Committee’s discretion.
Insider Transaction Report
- Award
Restricted Stock Rights
[F1][F2]2026-03-13+3.405→ 1,029.034 total→ Common Stock (3.405 underlying)
Footnotes (2)
- [F1]Each Restricted Stock Right ("RSR") represents a contingent right to receive an equivalent number of shares of Company common stock, or, at the discretion of the Company's Compensation Committee, cash or a combination of cash and Company common stock. The RSRs were granted under the 2022 Long-Term Incentive Stock Plan ("LTISP").
- [F2]The amount acquired represents dividend equivalent rights on the RSRs, which are credited following payment of the Company's quarterly cash dividend. Pursuant to the LTISP, the number of dividend equivalent rights acquired is calculated by dividing the aggregate amount of the dividend paid on the total number of RSRs held by the reporting person by the closing price of a share of Company common stock on the dividend payment date.