Form 4: KBR Executive Bright William Byron Jr. Reports Stock Transaction

William Byron Bright Jr., a KBR executive, reported the disposal of 2,007 common stock shares to cover withholding taxes upon vesting on February 22, 2025.

Summary

• On February 22, 2025, William Byron Bright Jr., President of Mission Tech Solutions at KBR, Inc., reported a transaction involving KBR common stock.
• Bright disposed of 2,007 shares of common stock at a price of $49.14 per share to cover withholding taxes due upon vesting.
• Following the transaction, Bright directly owns 75,801 shares of KBR common stock.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing, indicating a neutral sentiment. It reflects standard executive compensation practices.

Industry Context

This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies like KBR and their executives.
• Similar filings are made by executives at companies like Jacobs Engineering, Fluor Corporation, and AECOM, providing insights into their stock transactions and ownership positions.
• The number of shares disposed of to cover taxes is typical in stock vesting events.

Stakeholder Impact

• The transaction has a minimal direct impact on shareholders, as it is a routine disposal of shares for tax purposes.
• It provides transparency to stakeholders regarding executive stock ownership.

Key Dates