Form 4: KBR Executive Jalal Ibrahim Reports Stock Transaction
SEC Form 4 Filing
Jalal Ibrahim, Pres., Sustainable Tech Solns at KBR, INC., reports disposition of shares to cover withholding taxes upon vesting on March 1, 2024.
Summary
- On March 1, 2024, Jalal Ibrahim, Pres., Sustainable Tech Solns at KBR, INC., reported a transaction involving common stock.
- A total of 1,389 shares were disposed of at a price of $59.91 per share to cover withholding taxes due upon vesting.
- Following the transaction, Ibrahim directly owns 119,360.405 shares of KBR, INC.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects an executive's stock disposal to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of stock transaction (disposal of shares). |
| 03/04/2024 | Date of signature by Attorney-in-Fact. |
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