Director at Huntington Ingalls (NYSE: HII) gets stock unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McKibben Tracy B reported acquisition or exercise transactions in this Form 4 filing.
Huntington Ingalls Industries director Tracy B. McKibben received a grant of 123 shares of common stock at $393.32 per share. The shares were awarded as stock units and 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 grant, McKibben directly holds a total of 5,584.939 shares of Huntington Ingalls common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McKibben Tracy B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock (SUA) | 123 | $393.32 | $48K |
Holdings After Transaction:
Common Stock (SUA) — 5,584.939 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Stock units granted: 123 shares
Grant price: $393.32 per share
Total shares after grant: 5,584.939 shares
+2 more
5 metrics
Stock units granted
123 shares
Common stock award to director Tracy B. McKibben
Grant price
$393.32 per share
Valuation used for the 123-share stock unit grant
Total shares after grant
5,584.939 shares
Direct Huntington Ingalls holdings following the award
Transaction date
April 1, 2026
Date of the stock unit award to Tracy McKibben
Acquisition transactions
1 transaction
Single grant/award acquisition reported in this event
Key Terms
Rule 16b-3, 2022 Long-Term Incentive Stock Plan, stock unit account, Common Stock (SUA), +1 more
5 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)""
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did HII director Tracy B. McKibben report?
Tracy B. McKibben received a grant of 123 Huntington Ingalls common shares valued at $393.32 each. The award was issued as stock units under the 2022 Long-Term Incentive Stock Plan and increases her direct holdings to 5,584.939 shares.
What was the price used for Tracy McKibben’s HII stock award?
The stock unit award to Tracy McKibben was valued at $393.32 per Huntington Ingalls share. This valuation applies to the 123 common shares granted and deferred into a stock unit account under the company’s 2022 Long-Term Incentive Stock Plan.
Was Tracy McKibben’s HII stock transaction a purchase or a grant?
The transaction was a grant, not an open-market purchase. Tracy McKibben received 123 Huntington Ingalls common shares as a stock unit award under the 2022 Long-Term Incentive Stock Plan in an exempt transaction classified as a grant or other acquisition.
How was Tracy McKibben’s HII stock grant structured?
The award was structured as common stock deferred into a stock unit account. Tracy McKibben received 123 stock units under Huntington Ingalls’ 2022 Long-Term Incentive Stock Plan, treated as an exempt transaction pursuant to Rule 16b-3 for insider compensation-related awards.