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.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,852 | $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 Mark Kavanaugh?
Is the KBR (KBR) Form 4 transaction a purchase or a grant?
How do Mark Kavanaugh’s KBR restricted stock units vest?
What security type is involved in this KBR (KBR) insider filing?
Does the KBR Form 4 indicate any insider selling activity?
AI-generated analysis. How Rhea-AI works. Not financial advice.