{"schema_version":"secwatch.filing_event.v1","accession":"0001357615-23-000137","form_type":"8-K","ticker":"KBR","cik":"0001357615","company_name":"KBR, INC.","filed_at":"2023-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.741379+00:00","generated_at":"2026-06-08T14:11:15.602649+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"KBR unwinds warrant transactions with three counterparties; estimated cost ~$124M at current stock price","bullets":["KBR terminated warrant transactions with Bank of America, Citibank, and BNP Paribas via unwind agreements.","Measurement period runs ~37 trading days; cost based on VWAP of KBR common stock.","At average VWAP of $50 (near Nov 6 close of $49.88), aggregate cost ~$124M.","Cost ranges from ~$85M at $45 VWAP to ~$168M at $55 VWAP, linear in between.","Payments settle in cash; measurement period subject to early termination or disruption extensions."],"urls":{"canonical":"https://secwatch.observer/filing/0001357615-23-000137","json":"https://secwatch.observer/filing/0001357615-23-000137.json","markdown":"https://secwatch.observer/filing/0001357615-23-000137.md","text":"https://secwatch.observer/filing/0001357615-23-000137.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1357615/000135761523000137/0001357615-23-000137-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1357615/000135761523000137/kbr-20231107.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T14:11:15.602649+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}