Evans Shad E. 4

What Happened

• Shad E. Evans, Chief Financial Officer of KBR, reported receiving 483 shares on February 18, 2026. The Form 4 lists the acquisition price as $0.00, indicating these shares were issued as an award (no cash paid). The filing reports an acquisition value of $0.
• This was an award/vesting event (not a purchase or sale) tied to performance-based equity rather than an open-market trade.

Key Details

• Transaction date: 2026-02-18; Form 4 filed: 2026-02-20 (timely filing).
• Price reported: $0.00 per share; total reported acquisition value: $0.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: F1 — "Represents stock acquired upon the satisfaction of performance criteria underlying an award of performance share units."
• No indication of a 10b5-1 plan, tax withholding sale, or exercise/cashless sale in the reported transaction.

Context

• This transaction reflects the settlement of performance share units (PSUs) upon meeting performance criteria. Such awards are part of executive compensation and do not necessarily indicate the insider bought or sold stock for investment reasons.
• For retail investors, award receipts are common for executives; purchases (cash buys) often carry clearer signals about an insider’s personal investment conviction than routine compensation vesting.