Form 4: HII Director Thomas C. Schievelbein Acquires Stock Units
Statement of Changes in Beneficial Ownership
Thomas C. Schievelbein, a Director at Huntington Ingalls Industries, Inc., acquired additional stock units through dividend equivalents on June 12, 2026.
Summary
- Director Thomas C. Schievelbein acquired 106.926 stock units (SUAs) on June 12, 2026, valued at $23,171.94.
- These units were acquired through dividend equivalents credited under the company's Long-Term Incentive Stock Plans (LTISPs).
- The acquisition was based on the closing price of Huntington Ingalls Industries, Inc. common stock on the dividend payment date.
- Following this transaction, Mr. Schievelbein beneficially owns 7,967.365 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents routine insider activity related to director compensation and does not indicate significant positive or negative developments for the company.
Positives
- Director's increased beneficial ownership in the company through dividend reinvestment.
- Demonstrates continued alignment of director's interests with shareholders through equity accumulation.
Future Outlook
Each stock unit (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.
Industry Context
StockSavvy.ai notes that this Form 4 filing for Huntington Ingalls Industries (HII) reflects standard insider activity related to director compensation plans, specifically the reinvestment of dividends into stock units. Such filings are common for publicly traded companies and provide transparency into executive and director equity holdings.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Long-Term Incentive Stock Plan | Dividend equivalents are credited on director stock units (SUAs) held by the Reporting Person under the Huntington Ingalls Industries, Inc. 2012 and 2022 Long-Term Incentive Stock Plans. | Ongoing | Standard practice for director compensation, aligning incentives with long-term company performance. |
Stakeholder Impact
- Shareholders: Increased transparency into director's equity holdings and continued alignment of interests.
- Directors: Direct benefit from company performance through dividend reinvestment and potential stock appreciation.
Next Steps
- The acquired stock units are generally payable within 30 days following the cessation of services by the director.
- Future dividend equivalents will continue to be credited on remaining stock units held by the Reporting Person.
Key Dates
| Date | Description |
|---|---|
| 06/12/2026 | Transaction Date for acquisition of stock units and dividend equivalents. |
| 06/15/2026 | Date of signature for the filing. |
Keywords
Form 4, Insider Trading, Stock Acquisition, Director Compensation, Huntington Ingalls Industries, HII, Securities Exchange Act, Long-Term Incentive Stock Plan
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