KBR CEO granted 54,553 restricted stock units
Rhea-AI Filing Summary
KBR, INC. President and CEO Stuart Bradie reported an equity award of 54,553 shares of common stock in the form of restricted stock units that convert to common shares on a 1-to-1 basis. The award was recorded at a price of $0.00 per share, indicating it was a compensation grant rather than a purchase.
According to the disclosure, 80% of the restricted stock units vest in equal 33 1/3% installments on each anniversary of the grant date, while 20% are tied to a performance requirement. The filing states these units represent the 80% portion not subject to performance conditions. Following this grant, Bradie directly holds 858,102 shares of KBR common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 54,553 | $0.00 | $0.00 |
Footnotes (1)
- F1. The reporting person was granted restricted stock units that convert to common stock on a 1-to-1 ratio where 80% vest 33 1/3% on each anniversary of the grant date and 20% vest 33 1/3% on each anniversary of the grant date subject to meeting a performance requirement. These restricted stock units represent the portion of the grant (80%) not subject to a performance requirement.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did KBR (KBR) report for CEO Stuart Bradie?
What are the vesting terms of Stuart Bradie’s 54,553 KBR restricted stock units?
Did KBR’s CEO pay cash for the 54,553 restricted stock units reported?
Are all of Stuart Bradie’s new KBR restricted stock units performance-based?
AI-generated analysis. How Rhea-AI works. Not financial advice.