Ibrahim Jalal 4

What Happened

• Ibrahim Jalal, President, Sustainable Technology Solutions at KBR, received 3,232 shares on 2026-02-26 as the result of a performance-based long-term award (recorded as an award/acquisition at $0.00 per share). Simultaneously, 1,272 shares were withheld to cover tax withholding at $42.04 per share (disposed value reported as $53,475).

Key Details

• Transaction date: 2026-02-26; Filing date: 2026-03-02 (filed within the normal Form 4 reporting window).
• Award: 3,232 shares acquired (code A) at $0.00 — represents vesting due to achieving the total stockholder return metric of KBR’s 2023 Long-Term Performance Cash and Stock Award (footnote F1).
• Withholding: 1,272 shares withheld to satisfy tax withholding upon vesting (code F), at $42.04 per share = $53,475 (footnote F2).
• Shares owned after transaction: not disclosed in the filing.
• Transaction codes: A = Award/Grant (acquisition); F = Shares withheld for taxes (disposition).

Context

• This was a vesting of a performance award, not an open-market purchase or sale by the insider. Shares withheld to cover taxes are a routine administrative step and do not by themselves indicate a change in the insider’s market view. Performance-based vesting can reflect prior achievement of company metrics but is not a cash buy signal.