Huntington Ingalls (NYSE: HII) director receives 123 deferred stock units in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WELCH JOHN K reported acquisition or exercise transactions in this Form 4 filing.
Huntington Ingalls Industries director John K. Welch received an award of 123 stock units of common stock on April 1, 2026. The units were deferred into a stock unit account under the company’s 2022 Long-Term Incentive Stock Plan in an exempt transaction pursuant to Rule 16b-3.
Following this award, Welch directly holds 7,780.605 stock units and 2,545 shares of common stock. This reflects routine equity-based director compensation rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
WELCH JOHN K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock (SUA) | 123 | $393.32 | $48K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock (SUA) — 7,780.605 shares (Direct);
Common Stock — 2,545 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Stock units granted: 123 stock units
Grant reference price: $393.32 per unit
Stock units held after: 7,780.605 stock units
+1 more
4 metrics
Stock units granted
123 stock units
Grant of common stock units on April 1, 2026
Grant reference price
$393.32 per unit
Value per stock unit for the 123-unit award
Stock units held after
7,780.605 stock units
Deferred stock unit holdings following the award
Common shares held after
2,545 shares
Direct common stock holdings reported as of the filing date
Key Terms
Rule 16b-3, 2022 Long-Term Incentive Stock Plan, stock unit account, Common Stock (SUA)
4 terms
Rule 16b-3 regulatory
"in an exempt transaction pursuant to Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
2022 Long-Term Incentive Stock Plan financial
"pursuant to Huntington Ingalls Industries, Inc. 2022 Long-Term Incentive Stock Plan"
stock unit account financial
"Shares of common stock deferred into stock unit account"
Common Stock (SUA) financial
"security_title: "Common Stock (SUA)""
FAQ
What did HII director John K. Welch report in this Form 4 filing?
John K. Welch reported receiving 123 stock units of Huntington Ingalls Industries common stock. These units were granted as part of equity-based compensation and deferred into a stock unit account under the company’s 2022 Long-Term Incentive Stock Plan, rather than bought on the open market.
How many Huntington Ingalls Industries stock units does John K. Welch hold after this award?
After the 123-unit grant, John K. Welch directly holds 7,780.605 stock units of Huntington Ingalls Industries common stock. These stock units represent deferred equity compensation accumulated over time under the company’s long-term incentive programs for directors and executives.
What is the reference price for the 123 HII stock units granted to John K. Welch?
The 123 stock units are shown with a reference price of $393.32 per unit. This price typically reflects the fair market value of Huntington Ingalls Industries common stock on the grant date and is used for valuing the equity award under the company’s compensation plan.
Under what plan and rule was John K. Welch’s HII stock unit award granted?
The award was granted under the Huntington Ingalls Industries, Inc. 2022 Long-Term Incentive Stock Plan. It is described as an exempt transaction pursuant to Rule 16b-3, which often applies to board-approved, compensation-related equity grants to directors and officers of public companies.