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KBR (KBR) executive granted 3,852 restricted stock units in Form 4

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

KBR, INC. executive Douglas S. Hill, President of Readiness & Sustainment, received an equity grant of 3,852 shares of common stock on March 2, 2026 as a stock award, not an open-market purchase. His direct holdings increased to 8,945 shares after the grant.

The award reflects restricted stock units that convert to common stock on a 1-to-1 basis. According to the terms, 80% of the units vest in equal installments on each anniversary of the grant date, while the remaining 20% vest on the same schedule but only if a performance requirement is met.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Hill Douglas S

(Last) (First) (Middle)
C/O KBR, INC.
601 JEFFERSON STREET

(Street)
HOUSTON TX 77002

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
KBR, INC. [ KBR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Pres., Readiness & Sustainment
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/02/2026 A 3,852(1) A $0 8,945 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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.
Remarks:
/s/ Sonia Galindo, Attorney-in-Fact 03/04/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did KBR (KBR) report for Douglas S. Hill?

KBR reported that executive Douglas S. Hill received a grant of 3,852 shares of common stock as an equity award. The shares were issued at no cash cost and increased his direct ownership to 8,945 shares following the transaction.

Was the KBR (KBR) insider transaction a stock purchase or an award?

The transaction was an equity award, not an open-market stock purchase. Douglas S. Hill received 3,852 shares as a grant at zero price per share, classified as a grant, award, or other acquisition of common stock under the Form 4 filing.

How do Douglas S. Hill’s new KBR (KBR) restricted stock units vest?

The restricted stock units convert to common stock on a 1-to-1 basis. Eighty percent vest in equal installments on each anniversary of the grant date, while the remaining 20% vest on the same schedule only if a specified performance requirement is satisfied.

What is Douglas S. Hill’s total KBR (KBR) share ownership after this Form 4?

After the award, Douglas S. Hill directly owns 8,945 shares of KBR common stock. This total includes the 3,852-share equity grant reported in the Form 4, reflecting his updated direct beneficial ownership position in the company’s stock.

What does the Form 4 transaction code A mean in KBR (KBR)’s filing?

Transaction code “A” in the Form 4 indicates a grant, award, or other acquisition of securities. In this case, it represents the award of 3,852 KBR common shares to Douglas S. Hill as restricted stock units rather than a market purchase.

Are all of Douglas S. Hill’s new KBR (KBR) units subject to performance conditions?

No, only part of the grant is performance-based. The filing states that 80% of the restricted stock units are not subject to a performance requirement, while the remaining 20% vest on the same schedule but require meeting a defined performance condition.
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