Form 4: KBR EVP Withholds Shares for Tax Obligations
Insider Transaction Report
KBR's EVP, Chief People Officer, Jennifer Myles, disposed of 1,592 shares of common stock to cover tax withholdings related to vesting.
Summary
- Jennifer Myles, EVP, Chief People Officer of KBR, INC., reported a transaction on February 22, 2026.
- The transaction involved the disposition of 1,592 shares of KBR Common Stock.
- These shares were withheld to pay withholding taxes due upon vestings.
- The price per share for the disposition was $42.71.
- Following this transaction, Jennifer Myles directly owns 46,663.76 shares and indirectly owns 14,520 shares through her spouse.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, representing a routine administrative transaction related to executive compensation and tax obligations, with no material impact on company operations or outlook.
Future Outlook
No forward-looking statements or guidance provided.
Industry Context
StockSavvy.ai notes that routine tax-related share dispositions by executives are common practice in the industry, typically occurring upon the vesting of equity awards. This transaction is consistent with standard executive compensation practices involving restricted stock units or similar equity grants.
Comparison to Industry Standards
- This type of transaction (shares withheld for tax obligations upon vesting) is a standard practice across publicly traded companies, including peers like Fluor Corporation (FLR) or Jacobs Solutions Inc. (J) in the engineering and construction sector. It reflects the normal course of executive equity compensation and tax management, rather than a discretionary sale.
Related Party Transactions
- This filing reports an insider transaction by a key executive, which is inherently a related party transaction.
Stakeholder Impact
- Shareholders: Minimal direct impact as it's a routine tax-related transaction, not a discretionary sale indicating a change in executive sentiment.
- Employees: No direct impact.
Key Dates
| Date | Description |
|---|---|
| 02/22/2026 | Date of earliest transaction (shares withheld for taxes) |
| 02/24/2026 | Date of filing signature |
Keywords
KBR, Jennifer Myles, Form 4, insider transaction, share disposition, tax withholding, executive compensation, beneficial ownership
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