KBR CFO receives stock award, withholds shares for tax
KBR, INC. executive vice president and chief financial officer Shad E. Evans reported stock-based compensation activity involving company common stock.
Rhea-AI Filing Summary
KBR, INC. executive vice president and chief financial officer Shad E. Evans reported stock-based compensation activity involving company common stock. On this date, he acquired 889 shares at no cost through the achievement of a total stockholder return performance metric tied to a 2023 long-term performance cash and stock award. In a separate tax-related move, 395 shares were withheld at a price of $42.04 per share to cover withholding taxes due upon vesting. After these transactions, Evans directly owned a total of 27,640.46 KBR common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 889 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 395 | $42.04 | $17K |
Footnotes (2)
- F1. 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.
- F2. Represents shares withheld to pay withholding taxes due upon vesting.
FAQ
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What did KBR (KBR) CFO Shad E. Evans report in this Form 4?
What type of performance metric triggered the KBR CFO’s stock award?
Were the KBR CFO’s transactions open-market buys or sells?
AI-generated analysis. How Rhea-AI works. Not financial advice.