KBR (KBR) awards 8,665 restricted stock units to senior executive
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KBR, INC. reported that Ibrahim Jalal, President of Sustainable Technology Solutions, acquired 8,665 shares of common stock through a grant of restricted stock units. These units convert to common stock on a 1-to-1 basis. Following this award, his directly held common stock position is 127,164.405 shares.
The footnote explains that the restricted stock units vest in three equal installments on each anniversary of the grant date. Eighty percent of the units vest based only on time, while the remaining 20% vest on the same schedule but are subject to a performance requirement. The reported 8,665 units represent the 80% portion not subject to the performance condition.
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 | 8,665 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 127,164.405 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did KBR (KBR) report for Ibrahim Jalal?
KBR reported that Ibrahim Jalal received a grant of 8,665 restricted stock units converting 1-to-1 into common shares. This award increases his directly held common stock position to 127,164.405 shares after the transaction, reflecting additional equity-based compensation from the company.
Was the KBR (KBR) insider transaction an open-market purchase or a grant?
The transaction was a grant or award, not an open-market purchase. Form 4 code "A" and the description confirm it as an award of restricted stock units at zero price, rather than shares bought on the market by Ibrahim Jalal.
How do the KBR (KBR) restricted stock units granted to Ibrahim Jalal vest?
The restricted stock units vest in three equal installments on each anniversary of the grant date. Eighty percent vest based only on continued service, while the remaining 20% vest on the same schedule but are subject to a defined performance requirement.
What portion of the KBR (KBR) grant to Ibrahim Jalal is subject to performance conditions?
According to the footnote, 20% of the restricted stock units vest subject to a performance requirement. The 8,665 units reported in this Form 4 represent only the 80% portion of the grant that is not subject to any performance condition.
What is Ibrahim Jalal’s KBR (KBR) common stock holding after the grant?
After the reported restricted stock unit grant, Ibrahim Jalal directly holds 127,164.405 shares of KBR common stock. This total reflects his ownership following the addition of the 8,665 units that were awarded and reported in the latest Form 4 filing.