Director receives 4,212-share equity award at KBR (NYSE: KBR)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KBR, INC. director Ann Darlene Pickard reported an equity award of 4,212 shares of common stock. The award is in the form of restricted stock units that convert to common stock on a 1‑to‑1 basis and vest 100% six months after the grant date. Following this grant, her directly owned common stock totals 58,926 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pickard Ann Darlene
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,212 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 58,926 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did KBR (KBR) director Ann Darlene Pickard report?
Ann Darlene Pickard reported receiving an award of 4,212 shares of KBR common stock. The award is structured as restricted stock units that convert into common shares and increases her directly owned holdings to 58,926 shares after the transaction.
Was the KBR (KBR) equity award to Ann Darlene Pickard a purchase or a grant?
The transaction was a grant, not an open-market purchase. It is classified as a “grant, award, or other acquisition,” meaning the director received 4,212 restricted stock units without paying a cash purchase price per share.
What are the vesting terms of the KBR (KBR) restricted stock units granted to Ann Darlene Pickard?
The restricted stock units will vest 100% six months after the grant date. Once vested, each restricted stock unit converts into one share of KBR common stock on a 1‑to‑1 basis, according to the disclosure in the footnotes.
What does the 1-to-1 conversion ratio mean for KBR (KBR) restricted stock units?
A 1‑to‑1 conversion ratio means each restricted stock unit turns into one share of KBR common stock when it vests. For Ann Darlene Pickard, 4,212 restricted stock units can become 4,212 common shares after the vesting date.
Does the KBR (KBR) Form 4 indicate any stock sales by Ann Darlene Pickard?
The Form 4 shows no sales; it only reports an acquisition through an equity award. The single transaction is coded as a grant or award of 4,212 restricted stock units, increasing her directly owned share count to 58,926.