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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
FAQ
Who is the new SVP of Financial Operations and Interim CAO at KBR?
When did Shad Evans join KBR as an officer?
Does Shad Evans hold any derivative securities of KBR?
What is Shad Evans' business address at KBR?