Form 4: KBR CFO Mark W. Sopp Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Mark W. Sopp, EVP & Chief Financial Officer of KBR, INC., reports a transaction involving common stock on February 22, 2025, resulting in a change in beneficial ownership.
Summary
- On February 22, 2025, Mark W. Sopp, the EVP & Chief Financial Officer of KBR, INC., reported a transaction.
- The transaction involved the disposition of 2,647 shares of common stock at a price of $49.14.
- These shares were withheld to cover withholding taxes due upon vesting.
- Following the transaction, Sopp's direct ownership of KBR common stock is 171,096 shares.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a routine transaction related to tax obligations on vested shares.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/22/2025 | Date of transaction involving KBR common stock. |
| 02/25/2025 | Date of signature for the Form 4 filing. |
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