GALINDO SONIA 4
Research Summary
AI-generated summary
KBR EVP Sonia Galindo Receives Award; 1,070 Shares Withheld
What Happened
- Sonia Galindo, Executive Vice President, General Counsel & Corporate Secretary of KBR, received 3,232 shares on 2026-02-26 as the settlement of a 2023 long-term performance award (code A). To cover withholding taxes, 1,070 of those shares were surrendered/disposed at $42.04 per share for $44,983 (code F). Net increase to her holdings from this vesting was 2,162 shares (3,232 granted − 1,070 withheld).
- This is an award vesting/settlement (not an open-market purchase or a speculative sale); the tax-withholding disposition is a routine administrative step.
Key Details
- Transaction date: 2026-02-26; Filing date: 2026-03-02 (no late-filing flag shown).
- Award: 3,232 shares received at $0.00 (performance award settlement).
- Tax withholding: 1,070 shares disposed at $42.04 each, total proceeds $44,983 (shares surrendered to satisfy withholding taxes).
- Footnotes: F1 — shares result from achieving the total stockholder return performance metric under the KBR Long-Term Performance Cash and Stock Award (granted 2023). F2 — shares withheld to pay withholding taxes upon vesting.
- Shares owned after the transaction: not specified in the provided filing.
Context
- This was a performance-based award vesting; the withholding of shares for taxes is a common, routine practice and does not by itself indicate a buy or sell signal from the insider.
- Not an option exercise or open-market trade; no 10% owner or gift considerations apply.