KBR (KBR) executive Ibrahim Jalal granted 1,863 performance-based shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KBR, INC. executive Ibrahim Jalal, President of Sustainable Technology Solutions, reported acquiring 1,863 shares of common stock through a grant or award. The shares were received at no cash price upon satisfaction of performance criteria under performance share units. Following this award, Jalal directly holds a total of 119,521.405 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 |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,863 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 119,521.405 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did KBR (KBR) report for Ibrahim Jalal?
KBR reported that executive Ibrahim Jalal acquired 1,863 shares of common stock. The shares were granted at no cash cost after performance criteria were satisfied under performance share units, increasing his direct ownership to 119,521.405 shares.
Was the Ibrahim Jalal Form 4 transaction at KBR a stock purchase or a grant?
The Form 4 for KBR executive Ibrahim Jalal reflects a stock grant or award, not an open-market purchase. He acquired 1,863 common shares at a reported price of $0.0000 per share upon vesting of performance share units tied to performance criteria.
What is the nature of the performance-based award reported for KBR executive Ibrahim Jalal?
The award represents stock acquired upon satisfaction of performance criteria underlying performance share units. When KBR’s specified performance goals were met, 1,863 common shares were delivered to Ibrahim Jalal as a grant, recorded as a non-derivative acquisition at no cash cost.