Form 4: KBR Executive Jennifer Myles Reports Stock Transactions
SEC Form 4 Filing
Jennifer Myles, EVP and Chief People Officer at KBR, reports the acquisition and disposal of KBR common stock related to vesting and performance-based awards.
Summary
- On February 24, 2025, Jennifer Myles disposed of 924 shares of KBR common stock at $50.17 per share to cover withholding taxes due upon vesting.
- On February 25, 2025, Ms. Myles acquired 6,945 shares of KBR common stock at $0.00 per share related to the achievement of a total stockholder return performance metric from a 2022 long-term performance award.
- Also on February 25, 2025, Ms. Myles disposed of 3,265 shares at $48.24 per share to cover withholding taxes.
- Following these transactions, Ms. Myles directly owns 41,697.76 shares of KBR common stock and indirectly owns 14,520 shares through her spouse.
Sentiment
Score: 6
Explanation: The sentiment is neutral. The transactions are part of normal executive compensation and tax obligations. The acquisition of shares due to performance metrics is a slightly positive signal.
Positives
- The acquisition of 6,945 shares indicates the achievement of the total stockholder return performance metric, which could be viewed positively by investors.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation adjustments.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Disposal of 924 shares for tax withholding. |
| 02/25/2025 | Acquisition of 6,945 shares due to performance metric achievement. |
| 02/25/2025 | Disposal of 3,265 shares for tax withholding. |
| 02/26/2025 | Date of signature on the Form 4 filing. |
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