KBR (KBR) executive logs tax-withholding disposition of 1,759 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KBR, Inc. executive Ibrahim Jalal, President of Sustainable Technology Solutions, reported a Form 4 transaction involving company common stock. On this date, 1,759 shares were disposed of at $42.71 per share to cover withholding taxes due upon vesting. After this tax-withholding disposition, Jalal directly owned 117,762.405 shares of KBR common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ibrahim Jalal
Role
Pres., Sustainable Tech Solns
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,759 | $42.71 | $75K |
Holdings After Transaction:
Common Stock — 117,762.405 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did KBR (KBR) report for Ibrahim Jalal?
KBR reported that executive Ibrahim Jalal had 1,759 common shares disposed of to cover withholding taxes upon vesting. The shares were valued at $42.71 each and the transaction was reported on Form 4 as a tax-withholding disposition, not an open-market trade.
Was the KBR (KBR) Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. 1,759 shares were withheld to pay taxes due upon vesting, according to the footnote, rather than being sold by Ibrahim Jalal on the open market.
What does transaction code "F" mean in the KBR (KBR) Form 4 filing?
Transaction code “F” in the filing indicates payment of a tax liability or exercise price by delivering securities. For Ibrahim Jalal, it reflects shares withheld to pay withholding taxes upon vesting, rather than a discretionary purchase or sale in the market.
What is Ibrahim Jalal’s role at KBR (KBR) mentioned in the Form 4?
The Form 4 identifies Ibrahim Jalal as an officer of KBR with the title “Pres., Sustainable Tech Solns.” This indicates he serves as President of Sustainable Technology Solutions while holding directly 117,762.405 KBR common shares after the reported transaction.