Form 4: KBR SVP, Chief Accounting Officer Alison Vasquez Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Alison Vasquez, SVP, Chief Accounting Officer of KBR, INC., reports the acquisition of 402 restricted stock units convertible to common stock on May 2, 2024.
Summary
- On May 2, 2024, Alison Vasquez, SVP, Chief Accounting Officer of KBR, INC., acquired 402 restricted stock units.
- These restricted stock units convert to common stock on a 1-to-1 ratio.
- 80% of the units vest 33 1/3% on each anniversary of the grant date, while 20% vest 33 1/3% on each anniversary of the grant date subject to meeting a performance requirement.
- Following the transaction, Vasquez directly owns 5,866.679 shares of KBR common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a standard regulatory filing reporting an insider transaction.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns management's interests with the company's performance.
Key Dates
| Date | Description |
|---|---|
| 05/02/2024 | Date of transaction: Alison Vasquez acquired 402 restricted stock units. |
| 05/03/2024 | Date of signature: Form 4 signed by Lisa Hearn, Attorney-in-Fact. |
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