KBR executive awarded 3,852 restricted stock units
KBR, Inc. reported that executive Mark Kavanaugh, President of Defense, Intel & Space, acquired 3,852 shares of common stock through a grant of restricted stock units at no cash cost.
Rhea-AI Filing Summary
KBR, Inc. reported that executive Mark Kavanaugh, President of Defense, Intel & Space, acquired 3,852 shares of common stock through a grant of restricted stock units at no cash cost. These units convert to common stock on a 1-to-1 basis, with most vesting in annual installments subject to service and performance conditions. After this award, he holds 11,920.53 common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 3,852 shares
Grant/Award
1 txn
Insider
Kavanaugh Mark
Role
Pres., Defense, Intel & Space
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,852 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 11,920.53 shares (Direct)
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 Mark Kavanaugh?
KBR reported that executive Mark Kavanaugh received a grant of 3,852 restricted stock units converting into common stock on a 1-to-1 basis. The award was recorded at a price of $0.00 per share as part of his equity compensation package.
Is the KBR (KBR) Form 4 transaction a purchase or a grant?
The Form 4 shows a grant/award acquisition, not an open-market purchase. Mark Kavanaugh received 3,852 restricted stock units as equity compensation, recorded with no cash price per share rather than buying shares in the market.
How do Mark Kavanaugh’s KBR restricted stock units vest?
The restricted stock units vest in three equal annual installments. According to the disclosure, 80% of the grant vests based on continued service, while the remaining 20% vests on the same schedule but only if a specified performance requirement is met.
What security type is involved in this KBR (KBR) insider filing?
The transaction involves KBR common stock delivered through restricted stock units. Each unit converts into one share of common stock as it vests, providing equity-based compensation rather than an immediate cash transaction or derivative instrument exercise.
Does the KBR Form 4 indicate any insider selling activity?
No, the Form 4 shows only an acquisition via grant of 3,852 restricted stock units for Mark Kavanaugh. There are no reported dispositions, sales, or tax-related share withholdings in this particular insider transaction disclosure.
AI-generated analysis. How Rhea-AI works. Not financial advice.