Kavanaugh Mark 4

What Happened
Mark Kavanaugh, President, Defense, Intel & Space at KBR, was granted/acquired 600 shares on 2026-02-18 as the result of performance-based awards. The reported acquisition price is $0.00 (total reported value $0), reflecting shares issued upon satisfaction of performance criteria rather than an open‑market purchase.

Key Details

• Transaction date: 2026-02-18 (Form 4 filed 2026-02-20; filing appears timely).
• Transaction type/code: Award/Acquisition (A).
• Shares acquired: 600; reported price per share: $0.00; reported total value: $0.
• Shares owned after transaction: Not stated in the provided filing.
• Footnote: F1 — shares were acquired upon satisfaction of performance criteria underlying two awards of performance share units (PSUs).
• No indication of a sale, 10b5-1 plan, tax withholding, or late filing in the provided details.

Context
This was a performance-based vesting event (PSUs converting to stock), not an open-market purchase or sale. Such awards are common as part of executive compensation and do not necessarily signal immediate buying/selling intent; shares may still be subject to holding restrictions or other company-imposed conditions.