O'Sullivan Stephanie L. 4
4 · HUNTINGTON INGALLS INDUSTRIES, INC. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
HII Director Stephanie O'Sullivan Receives 12.893-Share Award
What Happened
Stephanie L. O'Sullivan, a director of Huntington Ingalls Industries (HII), was credited with 12.893 shares (director stock units) on March 13, 2026. The transaction is reported as an award/acquisition (code A) at $0.00 per share (dividend-equivalent credits), so the reported cash value for this grant is $0.
Key Details
- Transaction date: 2026-03-13; Report filed: 2026-03-16. Filing appears timely under standard Form 4 rules.
- Transaction type: Grant/Award of dividend-equivalent director stock units (code A).
- Shares acquired: 12.893 SUAs; reported price: $0.00; reported value: $0.
- Shares owned after transaction: Not specified in this filing.
- Footnote: Per the company's LTISPs, dividend equivalents are credited on each director stock unit (SUA) after the quarterly cash dividend; each SUA represents a right to one share payable generally within 30 days after a non-employee director leaves the board. Dividend-equivalent shares are calculated by dividing the aggregate dividend on the SUAs by the closing stock price on the dividend payment date (see footnote F1).
Context
This was a non-cash, routine credit of dividend equivalents to director stock units—not an open-market purchase or sale—so it reflects compensation mechanics rather than a direct trading signal. Dividend-equivalent SUAs typically convert to stock only upon certain conditions (e.g., leaving the board), and therefore do not represent immediate market purchases or sales.
Insider Transaction Report
- Award
Common Stock (SUA)
[F1]2026-03-13+12.893→ 3,897.065 total
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.