KBR accounting chief awarded 1,284 shares
KBR, Inc. reported that its VP and Chief Accounting Officer, Jennefer Thai, acquired 1,284 shares of common stock through a grant of restricted stock units.
Rhea-AI Filing Summary
KBR, Inc. reported that its VP and Chief Accounting Officer, Jennefer Thai, acquired 1,284 shares of common stock through a grant of restricted stock units. The units were awarded at no cash cost and convert to common stock on a 1-to-1 basis.
According to the terms, 80% of the award vests in three equal annual installments based solely on continued service, while the remaining 20% of the original grant is subject to a performance requirement and is not reflected in this line. Following this award, Thai directly owns 4,321.4741 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,284 | $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 VP Jennefer Thai report on Form 4 for KBR?
What are the vesting terms of Jennefer Thai’s KBR restricted stock unit grant?
Does the KBR Form 4 indicate an open-market stock purchase by Jennefer Thai?
AI-generated analysis. How Rhea-AI works. Not financial advice.