Form 4: KBR Director Lynn A. Dugle Reports Acquisition of Common Stock
SEC Form 4 Filing
Director Lynn A. Dugle reported acquiring 33 shares of KBR, Inc. common stock through dividend reinvestment.
Summary
- On October 15, 2024, Lynn A. Dugle, a director of KBR, Inc., acquired 33 shares of common stock.
- The shares were acquired through dividend reinvestment in the Directors' deferred compensation plan.
- The price per share was $67.87.
- Following the transaction, Dugle directly owns 20,032 shares of KBR common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction (dividend reinvestment) by a director, indicating a standard course of business.
Positives
- The director's participation in the dividend reinvestment plan signals confidence in the company's future.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential sentiment.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a small number of shares acquired through a standard dividend reinvestment plan.
Key Dates
| Date | Description |
|---|---|
| 10/15/2024 | Date of transaction: Acquisition of 33 shares of KBR common stock. |
| 10/16/2024 | Date of signature on the Form 4 filing. |
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