KBR CFO granted 8,024 restricted stock units
KBR, INC. executive vice president and chief financial officer Shad E. Evans reported an acquisition of 8,024 shares of common stock through a grant of restricted stock units.
Rhea-AI Filing Summary
KBR, INC. executive vice president and chief financial officer Shad E. Evans reported an acquisition of 8,024 shares of common stock through a grant of restricted stock units. These units convert to common stock on a 1-to-1 basis and vest in equal installments on each anniversary of the grant date. According to the disclosure, 80% of the award is time-based, while 20% vests only if a performance requirement is met. Following this equity grant, Evans directly owned 35,350.46 shares of KBR common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,024 | $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
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What did KBR (KBR) CFO Shad E. Evans report in this Form 4 filing?
How do the 8,024 restricted stock units granted to KBR’s CFO vest?
What portion of KBR CFO Shad E. Evans’s restricted stock unit grant is performance-based?
AI-generated analysis. How Rhea-AI works. Not financial advice.