Form 4: KBR EVP Jennifer Myles Reports Stock Transactions

KBR's EVP, Chief People Officer, Jennifer Myles, reported the acquisition of 2,747 shares due to performance metrics and the disposition of 1,292 shares for tax withholding.

Summary

• Jennifer Myles, Executive Vice President and Chief People Officer of KBR, INC., reported transactions involving KBR common stock.
• On February 26, 2026, Myles acquired 2,747 shares of common stock at a price of $0.00 per share.
• This acquisition was a result of achieving the total stockholder return performance metric of a KBR Long-Term Performance Cash and Stock Award granted in 2023.
• On the same date, Myles disposed of 1,292 shares of common stock at a price of $42.04 per share.
• These disposed shares were withheld to cover withholding taxes due upon the vesting of the award.
• Following these transactions, Myles directly beneficially owns 48,118.76 shares of KBR common stock.
• Additionally, Myles indirectly beneficially owns 14,520 shares through her spouse.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as slightly positive. While shares were disposed for taxes, the underlying acquisition was due to the achievement of performance metrics, indicating the company met specific total stockholder return targets.

Positives

• The acquisition of 2,747 shares indicates the achievement of KBR's total stockholder return performance metric for a 2023 long-term award, suggesting positive company performance.

Negatives

• The disposition of 1,292 shares for tax withholding reduces the direct beneficial ownership, although this is a standard practice for vested equity awards.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that Form 4 filings provide transparency into insider trading activities, which can offer insights into management's confidence in the company. The reported transactions are typical for executive compensation plans involving performance-based equity awards and subsequent tax obligations upon vesting.

Stakeholder Impact

• Shareholders: Provides transparency regarding executive compensation and insider holdings, confirming the achievement of a performance metric tied to total stockholder return.

Key Dates

Recommendation

This Form 4 filing details routine insider transactions related to executive compensation and tax obligations. It does not present new information that would significantly alter the investment thesis for KBR, thus a 'hold' recommendation is appropriate based solely on this filing.

Keywords

KBR, Jennifer Myles, Form 4, Insider Transaction, Executive Compensation, Stock Award, Performance Shares, Tax Withholding