Form 4: KBR EVP & CFO Mark Sopp Reports Stock Transactions Following Performance Award Vesting

Mark Sopp, EVP & CFO of KBR, reports the acquisition and disposal of KBR common stock related to tax obligations and the vesting of a long-term performance award.

Summary

• On February 24, 2025, Mark Sopp, EVP & CFO of KBR, disposed of 1,365 shares of common stock at $50.17 per share to cover withholding taxes.
• On February 25, 2025, Sopp acquired 12,256 shares of KBR common stock at $0.00 per share due to the achievement of a total stockholder return performance metric from a 2022 long-term performance cash and stock award.
• Also on February 25, 2025, Sopp disposed of 4,823 shares of common stock at $48.24 per share to cover withholding taxes.
• Following these transactions, Sopp beneficially owns 177,164 shares of KBR common stock.

Sentiment

Score: 6

Explanation: Neutral sentiment as the document primarily reports routine stock transactions related to executive compensation. The vesting of performance awards is a positive sign, but the tax-related disposals are standard.

Positives

• The vesting of the long-term performance award indicates that KBR achieved its total stockholder return performance goals.

Industry Context

Executive stock transactions are a routine part of corporate governance, often tied to performance-based compensation plans. The vesting of performance awards suggests alignment between management incentives and shareholder returns.

Stakeholder Impact

• The vesting of performance-based stock awards aligns executive compensation with shareholder value, potentially incentivizing management to improve company performance.

Key Dates