Form 4: KBR CEO Stuart Bradie Reports Stock Transaction
SEC Form 4 Filing
Stuart Bradie, CEO of KBR, reports the disposal of 10,381 shares of common stock to cover withholding taxes upon vesting.
Summary
- On March 1, 2024, Stuart Bradie, the President and CEO of KBR, disposed of 10,381 shares of KBR common stock.
- The transaction was executed at a price of $59.91 per share.
- The shares were withheld to cover withholding taxes due upon vesting.
- Following the transaction, Bradie directly owns 757,895 shares of KBR common stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations and doesn't necessarily indicate positive or negative sentiment towards the company's prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor executive compensation and potential alignment with shareholder interests.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of stock transaction |
| 03/04/2024 | Date of signature on the Form 4 filing |
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