Form 4: KBR COO William Byron Bright Jr. Reports Acquisition of Common Stock
SEC Form 4 Filing
KBR's Chief Operating Officer, William Byron Bright Jr., reports acquiring 1,704 shares of common stock on May 8, 2025, through restricted stock units.
Summary
- On May 8, 2025, William Byron Bright Jr., the Chief Operating Officer of KBR, Inc., acquired 1,704 shares of KBR common stock.
- The acquisition was through the granting of restricted stock units (RSUs) that convert to common stock on a 1-to-1 ratio.
- 80% of these RSUs vest in three equal installments on each anniversary of the grant date, while the remaining 20% vest similarly but are subject to a performance requirement.
- Following the transaction, Bright directly owns 90,017 shares of KBR common stock.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a standard regulatory filing. The acquisition of shares by an executive is mildly positive, suggesting confidence, but it's not a major event.
Positives
- The acquisition of shares by a high-ranking officer can be seen as a positive signal, indicating confidence in the company's future performance.
Industry Context
This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives.
Stakeholder Impact
- The acquisition of shares by a company executive could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/08/2025 | Date of transaction: Acquisition of 1,704 shares of common stock via restricted stock units. |
| 05/09/2025 | Date of signature for the Form 4 filing. |
Keywords
KBR, William Byron Bright Jr., Chief Operating Officer, Form 4, SEC, Common Stock, Restricted Stock Units, RSUs, Beneficial Ownership, Insider Trading
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