KBR executive granted 8,665 RSUs
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.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,665 | $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 Ibrahim Jalal?
Was the KBR (KBR) insider transaction an open-market purchase or a grant?
How do the KBR (KBR) restricted stock units granted to Ibrahim Jalal vest?
What portion of the KBR (KBR) grant to Ibrahim Jalal is subject to performance conditions?
What is Ibrahim Jalal’s KBR (KBR) common stock holding after the grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.