Form 4: KBR Director Jack B. Moore Reports Acquisition of 3,521 Shares of Common Stock
SEC Form 4 Filing
Director Jack B. Moore reported the acquisition of 3,521 shares of KBR, Inc. common stock on February 27, 2025, through the conversion of restricted stock units.
Summary
- On February 27, 2025, Jack B. Moore, a director of KBR, Inc., acquired 3,521 shares of common stock.
- The acquisition was a result of the conversion of restricted stock units.
- The price per share for the conversion was $0.00.
- Following the transaction, Moore directly owns 45,856 shares of KBR common stock.
- The restricted stock units will convert to common stock on a 1-to-1 ratio and vest 6 months after the grant date.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing indicating a director's acquisition of shares through vested stock units. While insider buying can be seen as positive, this is part of a pre-determined compensation plan.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.
Future Outlook
The restricted stock units will vest 6 months after the grant date and convert to common stock on a 1-to-1 basis.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's acquisition of company stock, which is a common occurrence.
Stakeholder Impact
- The acquisition of shares by a director could have a slightly positive impact on shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 02/27/2025 | Date of transaction: Acquisition of common stock through conversion of restricted stock units. |
| 02/28/2025 | Date of signature for the Form 4 filing. |
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