Form 4: KBR Director John Alexander Manzoni KCB Acquires Shares
SEC Form 4 Filing
Director John Alexander Manzoni KCB reports acquisition of KBR, Inc. shares via restricted stock units.
Summary
- On May 19, 2025, John Alexander Manzoni KCB, a director of KBR, Inc., acquired 91 shares of common stock.
- These shares were obtained through restricted stock units at a price of $0.00.
- Following the transaction, Manzoni directly owns 13,334.475 shares of KBR common stock.
- The restricted stock units will convert to common stock on a 1-to-1 ratio and will vest 6 months after the grant date.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and increased ownership.
Future Outlook
The restricted stock units will vest 6 months after the grant date, converting to common stock on a 1-to-1 basis.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Comparison to Industry Standards
- Executive compensation packages often include restricted stock units to align management's interests with those of shareholders.
- Vesting schedules for restricted stock units typically range from a few months to several years.
- The 1-to-1 conversion ratio of restricted stock units to common stock is standard practice.
Stakeholder Impact
- The transaction increases the director's stake in the company, potentially aligning his interests further with shareholders.
- The vesting of restricted stock units can be seen as a reward for continued service and performance.
Key Dates
| Date | Description |
|---|---|
| 2025/03/22 | Date of Power of Attorney execution. |
| 2025/05/19 | Date of transaction: Acquisition of common stock. |
| 2025/05/20 | Date of signature for the Form 4 filing. |
Keywords
KBR, Director, Share Acquisition, Restricted Stock Units, Form 4, Manzoni, Beneficial Ownership
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