KBR (KBR) executive has 1,223 shares withheld to cover vesting taxes
Rhea-AI Filing Summary
KBR, INC. executive Ibrahim Jalal, President of Sustainable Technology Solutions, reported a tax-related share disposition. On the vesting of equity awards, 1,223 shares of common stock were withheld at $42.23 per share to cover withholding taxes. After this non-open-market withholding, he directly holds 118,499.405 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,223 shares
Net Sell
1 txn
Insider
Ibrahim Jalal
Role
Pres., Sustainable Tech Solns
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,223 | $42.23 | $52K |
Holdings After Transaction:
Common Stock — 118,499.405 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld to pay withholding taxes due upon vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did KBR (KBR) report for Ibrahim Jalal?
KBR reported that executive Ibrahim Jalal had 1,223 common shares withheld to cover taxes upon vesting of equity awards. This tax-withholding disposition used shares valued at $42.23 each and was not an open-market buy or sell transaction.
What does transaction code F mean in the KBR (KBR) Form 4?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, it reflects 1,223 KBR shares being withheld to pay withholding taxes upon vesting, rather than a discretionary market trade by the executive.