Form 4: KBR Executive Sonia Galindo Reports Share Disposal for Tax Obligations
SEC Form 4
Sonia Galindo, EVP, Gen. Counsel & Corp. Sec. of KBR, INC., disposed of 2,358 shares of common stock on November 1, 2024, to cover withholding taxes due upon vesting.
Summary
- On November 1, 2024, Sonia Galindo, an executive at KBR, INC., disposed of 2,358 shares of common stock.
- The transaction was executed to cover withholding taxes associated with the vesting of shares.
- The price per share was $67.29.
- Following the transaction, Galindo directly owns 19,051.023 shares of KBR common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a routine transaction related to tax obligations.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive sentiment and potential alignment with shareholder interests.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 11/01/2024 | Date of the transaction where 2,358 shares of common stock were disposed of. |
| 11/05/2024 | Date of signature for the Form 4 filing. |
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