KBR (KBR) EVP Sonia Galindo records 877-share tax withholding disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KBR, INC. executive Sonia Galindo reported a tax-related share disposition. On February 27, she had 877 shares of common stock withheld at $42.23 per share to cover withholding taxes due upon vesting of equity awards. After this withholding, she directly owned 31,375.023 KBR shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GALINDO SONIA
Role
EVP, Gen. Counsel & Corp. Sec.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 877 | $42.23 | $37K |
Holdings After Transaction:
Common Stock — 31,375.023 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did KBR (KBR) report for Sonia Galindo?
KBR reported that executive Sonia Galindo had 877 common shares withheld to cover tax obligations upon vesting of equity awards. This Form 4 records a tax-withholding disposition, not an open-market purchase or sale. Her direct ownership after the transaction was 31,375.023 shares.
Was the KBR (KBR) insider transaction a sale on the open market?
No, the transaction was not an open-market sale. The 877 KBR shares were withheld to pay withholding taxes due when equity awards vested. This tax-withholding disposition is an administrative event commonly recorded on Form 4 for compensation-related share vesting.
What does transaction code F mean in the KBR (KBR) Form 4?
Transaction code F on the KBR Form 4 indicates shares were used to pay an exercise price or tax liability. In this case, 877 shares were withheld specifically to satisfy withholding taxes due upon vesting of equity awards granted to the executive.