KBR (NYSE: KBR) director receives 4,212 restricted stock units in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KBR director Jack B. Moore received an equity award of 4,212 restricted stock units of KBR common stock at no cash cost, classified as a grant or award acquisition. These restricted stock units convert to common stock on a 1-to-1 basis and will vest 100% six months after the grant date.
Following this award, Moore directly holds 50,159 shares of KBR common stock. This transaction reflects routine equity-based compensation rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MOORE JACK B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,212 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 50,159 shares (Direct)
Footnotes (1)
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FAQ
What did KBR (KBR) director Jack B. Moore report in this Form 4?
Jack B. Moore reported receiving an award of 4,212 restricted stock units of KBR common stock. The units were granted at no cash cost as equity compensation and will convert into an equal number of common shares once vesting conditions are satisfied.
When do Jack B. Moore’s KBR (KBR) restricted stock units vest?
All of Jack B. Moore’s restricted stock units from this grant vest 100% six months after the grant date. Once vested, each unit converts into one share of KBR common stock, according to the 1-to-1 conversion ratio disclosed in the filing footnote.
What is the conversion ratio for KBR (KBR) restricted stock units in this award?
Each restricted stock unit in this award converts into one share of KBR common stock. The footnote specifies a 1-to-1 conversion ratio, meaning the 4,212 granted units can become 4,212 common shares once the vesting requirement is fully satisfied.