Tax withholding trims KBR (NYSE: KBR) executive Douglas Hill’s vested shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KBR, INC. executive Douglas S. Hill had 63 shares of common stock withheld at $32.54 per share to cover taxes due on vesting, a non-market tax-withholding disposition. After this transaction, he directly holds 8,882 shares of KBR common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hill Douglas S
Role
Pres., Readiness & Sustainment
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 63 | $32.54 | $2K |
Holdings After Transaction:
Common Stock — 8,882 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 63 shares
Withholding price per share: $32.54 per share
Shares held after transaction: 8,882 shares
3 metrics
Shares withheld for taxes
63 shares
Tax-withholding disposition on vested stock
Withholding price per share
$32.54 per share
Valuation used for 63 withheld shares
Shares held after transaction
8,882 shares
Direct holdings following tax withholding
Key Terms
tax-withholding disposition, vesting, Common Stock
3 terms
tax-withholding disposition financial
"transaction_action: tax-withholding disposition for 63 shares"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
vesting financial
"Represents shares withheld to pay withholding taxes due upon vesting."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Common Stock financial
"security_title: Common Stock in the reported transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did KBR (KBR) executive Douglas S. Hill report in this Form 4?
Douglas S. Hill reported a tax-withholding disposition of 63 KBR common shares at $32.54 per share. The shares were withheld to pay taxes due upon vesting, rather than sold in the open market.
Was the KBR (KBR) insider transaction an open-market sale?
No, the transaction was not an open-market sale. The 63 KBR shares were withheld by the company to satisfy tax obligations triggered when stock awards vested, a routine administrative event.
What is the role of Douglas S. Hill at KBR (KBR)?
Douglas S. Hill serves as President, Readiness & Sustainment at KBR. His Form 4 filing reflects routine tax withholding on vested equity compensation rather than discretionary buying or selling activity.