KBR (NYSE: KBR) executive logs stock award and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KBR, INC. executive Ibrahim Jalal, President of Sustainable Technology Solutions, reported equity compensation activity. He acquired 3,232 shares of common stock at no cost from a 2023 long-term performance award tied to total stockholder return. To cover taxes at vesting, 1,272 shares were withheld at $42.04 per share. Following these transactions, he directly owns 119,722.405 shares of KBR common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ibrahim Jalal
Role
Pres., Sustainable Tech Solns
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,232 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,272 | $42.04 | $53K |
Holdings After Transaction:
Common Stock — 120,994.405 shares (Direct)
Footnotes (1)
- Represents stock acquired as a result of the achievement of the total stockholder return performance metric of the KBR Long-Term Performance Cash and Stock Award granted in 2023. Represents shares withheld to pay withholding taxes due upon vesting.
FAQ
What insider transactions did KBR (KBR) report for Ibrahim Jalal?
KBR reported that executive Ibrahim Jalal acquired 3,232 shares of common stock via an equity award and had 1,272 shares withheld to pay taxes upon vesting, reflecting routine compensation-related stock movements rather than open-market buying or selling.
What performance metric triggered Ibrahim Jalal’s KBR stock award?
The filing explains that the 3,232 shares were acquired due to achievement of the total stockholder return performance metric under KBR’s 2023 Long-Term Performance Cash and Stock Award, linking the grant directly to stockholder return performance.