Director at KBR (NYSE: KBR) receives 4,212-share equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KBR, INC. director Von Thaer Lewis reported an equity award related to the company’s common stock. The Form 4 shows an acquisition of 4,212 shares at a stated price of $0.0000 per share, increasing the director’s directly held stake to 7,358 shares after the transaction.
According to a footnote, this award consists of restricted stock units that convert to common stock on a 1‑to‑1 basis. All of these restricted stock units are scheduled to vest six months after the grant date, turning into the underlying common shares at that time.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Von Thaer Lewis
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,212 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 7,358 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did KBR (KBR) report in this Form 4?
KBR reported that director Von Thaer Lewis received an equity award tied to 4,212 shares of common stock. The award came at a stated price of $0.0000 per share and increased the director’s directly held position to 7,358 shares after the transaction.
Was the KBR (KBR) insider transaction a market purchase or a grant?
The transaction was a grant or award, not a market purchase. The Form 4 uses code “A” for grant, and the price is shown as $0.0000 per share, indicating an equity compensation award rather than an open‑market buy or sell transaction.
What are the vesting terms of the KBR (KBR) restricted stock units?
The restricted stock units convert to KBR common stock on a 1‑to‑1 basis. A footnote explains that 100% of the units will vest six months after the grant date, at which time they will turn into the corresponding number of common shares for the director.
How does the KBR (KBR) Form 4 classify this insider transaction?
The Form 4 classifies the transaction under code “A” for a grant, award, or other acquisition. It is a non‑derivative transaction in common stock, with the filing’s normalized fields describing it as a grant or award acquisition rather than a buy or sell in the open market.
Does the KBR (KBR) equity grant involve restricted stock units?
Yes. A footnote notes that the award consists of restricted stock units that will convert into common stock on a 1‑to‑1 ratio. All of these restricted stock units are set to vest six months after the grant date, creating an equivalent number of KBR common shares for the director.