Form 4: KBR CEO Stuart Bradie Sells 20,000 Shares Under Pre-Arranged Trading Plan
Insider Transaction Report
KBR, Inc. President and CEO Stuart Bradie reported the sale of 20,000 shares of common stock for approximately $1.05 million, executed under a Rule 10b5-1 trading plan.
Summary
- Stuart Bradie, President and CEO of KBR, Inc., sold 20,000 shares of KBR common stock.
- The transaction occurred on June 18, 2025.
- The shares were sold at a weighted average price of $52.8123 per share, with individual transaction prices ranging from $52.62 to $53.05.
- The total value of the shares sold is approximately $1,056,246.
- Following this transaction, Mr. Bradie directly beneficially owns 802,361 shares of KBR common stock.
- The sale was conducted pursuant to a pre-arranged Rule 10b5-1(c) trading plan.
- A Power of Attorney, executed on March 25, 2025, authorizes Sonia Galindo and Lisa L. Hearn to prepare and file SEC reports, including Forms 3, 4, and 5, on behalf of Mr. Bradie.
Sentiment
Score: 5
Explanation: The sentiment is neutral. While an insider sale can sometimes be viewed negatively, the fact that it was conducted under a pre-arranged Rule 10b5-1 plan mitigates concerns about opportunistic selling. The executive also retains a substantial holding, indicating continued alignment.
Positives
- The transaction was executed under a Rule 10b5-1(c) trading plan, indicating a pre-scheduled and non-discretionary sale, which can mitigate concerns about opportunistic insider selling.
- Stuart Bradie retains a significant beneficial ownership of 802,361 shares of KBR common stock after the sale, demonstrating continued alignment with shareholder interests.
Negatives
- The sale of 20,000 shares by a key executive like the President and CEO could be perceived negatively by some investors, as it reduces insider ownership.
Risks
- The Power of Attorney explicitly states that it does not relieve the undersigned (Stuart Bradie) from responsibility for compliance with obligations under Section 13 or Section 16 of the Exchange Act, including reporting requirements and potential disgorgement of profits under Section 16(b).
Future Outlook
This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic outlook. It is a disclosure of an insider's past transaction.
Industry Context
This Form 4 filing is a routine disclosure of an insider stock transaction and does not provide information relevant to broader industry trends or competitive analysis. It reflects an individual executive's personal financial planning.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Delegation of Authority | Stuart J. B. Bradie, President and CEO, executed a Power of Attorney on March 25, 2025, authorizing Sonia Galindo and Lisa L. Hearn to act as his attorneys-in-fact for preparing, executing, and filing SEC reports (Forms 3, 4, 5, etc.) on his behalf. This includes managing his EDGAR account. | 03/25/2025 | This streamlines the process for executive compliance with SEC reporting requirements by delegating administrative tasks to designated individuals, ensuring timely and accurate filings. |
Stakeholder Impact
- Shareholders: May observe a reduction in insider ownership, but the pre-planned nature of the sale (Rule 10b5-1) suggests it's part of a personal financial strategy rather than a reflection of negative company outlook. The executive's continued significant holding may reassure investors.
Next Steps
- The reporting person undertakes to provide KBR, Inc., any security holder of KBR, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the reported range.
Key Dates
| Date | Description |
|---|---|
| 03/25/2025 | Execution date of the Power of Attorney by Stuart J. B. Bradie, authorizing attorneys-in-fact to file SEC reports on his behalf. |
| 06/18/2025 | Date of the reported transaction where Stuart Bradie sold 20,000 shares of KBR common stock. |
| 06/20/2025 | Date the Form 4 filing was signed by Lisa Hearn, Attorney-in-Fact. |
Recommendation
holdKeywords
KBR, KBR Inc, Stuart Bradie, CEO, President, Director, stock sale, insider transaction, Form 4, SEC filing, Rule 10b5-1, common stock, beneficial ownership
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