Hill Douglas S 4

What Happened Douglas S. Hill, President, Readiness & Sustainment at KBR, was awarded 600 shares on February 18, 2026. The Form 4 reports the shares were acquired at $0.00 (transaction code A — award/grant), resulting in a reported acquisition value of $0.00. The filing (accession 0001357615-26-000019) was submitted on February 20, 2026.

Key Details

• Transaction date: 2026-02-18; filing date: 2026-02-20 (timely within the Form 4 two-business-day window).
• Transaction type/code: Award/Grant (A).
• Shares acquired: 600; reported acquisition price: $0.00; reported dollar value: $0.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: "Represents stock acquired upon the satisfaction of performance criteria underlying two awards of performance share units." (PSUs)
• No indication of a sale, tax-withholding disposition, or a 10b5-1 plan in the provided data.

Context These shares were issued under performance share units (PSUs) and reflect vesting after meeting performance criteria — they are compensation-based awards, not open-market purchases. Such awards increase the insider’s stake but can also dilute existing shareholders slightly when issued. The filing shows an award (not a sale), and contains no information about any immediate disposition of the shares.