Form 4: KBR Executive Mark W. Sopp Reports Stock Transaction
SEC Form 4 Filing
Mark W. Sopp, EVP & Chief Financial Officer of KBR, INC., reports the disposition of 2,084 shares of common stock to cover withholding taxes upon vesting on March 1, 2024.
Summary
- On March 1, 2024, Mark W. Sopp, the EVP & Chief Financial Officer of KBR, INC., disposed of 2,084 shares of common stock.
- The transaction was executed to cover withholding taxes due upon the vesting of shares.
- The price per share was $59.91.
- Following the transaction, Sopp directly owns 171,719 shares of KBR common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding a stock transaction related to tax obligations. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine filing related to executive compensation and tax obligations. It's common for executives to sell shares to cover taxes when stock options or restricted stock units vest.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of the stock transaction (disposal of shares). |
| 03/04/2024 | Date of signature by Attorney-in-Fact. |
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