New KBR Finance Executive Shows Confidence with Large Initial Stock Holdings
Rhea-AI Filing Summary
KBR has filed a Form 3 (Initial Statement of Beneficial Ownership) disclosing the appointment of Shad E. Evans as SVP, Financial Operations & Interim Chief Accounting Officer. The filing, dated June 28, 2025, reveals:
- Evans beneficially owns 27,141 shares of KBR common stock held directly
- The position was effective as of June 18, 2025
- No derivative securities (options, warrants, etc.) were reported
- The filing was signed by Lisa Hearn as attorney-in-fact on June 25, 2025
This Form 3 filing is required by Section 16(a) of the Securities Exchange Act for new officers, directors, and 10% shareholders to disclose their initial ownership positions in the company's securities. Evans' substantial direct stock ownership suggests significant alignment with shareholder interests in his new executive role.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Evans Shad E.
Role
SVP, Fin. Ops. & Interim CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 27,141 shares (Direct)
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Who is the new SVP of Financial Operations and Interim CAO at KBR?
Shad E. Evans was appointed as SVP of Financial Operations and Interim Chief Accounting Officer (CAO) at KBR, as disclosed in the Form 3 filing dated June 28, 2025.
When did Shad Evans join KBR as an officer?
The Form 3 filing indicates that the event requiring the statement occurred on June 18, 2025, which likely represents the date Shad Evans assumed his position as SVP of Financial Operations and Interim CAO at KBR.
Does Shad Evans hold any derivative securities of KBR?
No, according to Table II of the Form 3 filing, Shad Evans does not hold any derivative securities of KBR such as options, warrants, or convertible securities.
What is Shad Evans' business address at KBR?
Shad Evans' business address is listed as KBR, Inc., 601 Jefferson Street, Houston, TX 77002.