KBR, Inc. 8-K Filing Summary
Business Context and Reporting Period
This Form 8-K reports the final results of the 2022 Annual Meeting of Stockholders held on May 18, 2022. KBR, Inc. is a Delaware corporation with its principal executive offices in Houston, Texas. The company's common stock trades on the New York Stock Exchange under the symbol KBR.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity metrics. This report focuses exclusively on corporate governance voting results.
Material Changes and Voting Results
Three proposals were submitted to a vote of security holders. All proposals were approved by the majority of shares present in person or by proxy.
- Proposal 1: Election of Directors - All 10 director nominees were elected. The highest "Against" vote was cast for Jack B. Moore (5,300,019 votes), while other directors received significantly fewer dissenting votes.
- Proposal 2: Advisory Vote on Executive Compensation - Approved with 124,866,267 votes "For" and 2,956,649 votes "Against".
- Proposal 3: Ratification of Independent Auditor - KPMG LLP was ratified as the independent registered public accounting firm for the year ending December 31, 2022, with 133,156,218 votes "For".
Voting Participation: As of the record date (March 25, 2022), 139,817,519 shares were outstanding. On the meeting date, holders of 133,985,453 shares were present in person or by proxy.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Key Facts for Investor Verification
- Verify the specific reasons for the higher "Against" vote count for director Jack B. Moore compared to other nominees.
- Confirm the total number of shares present at the meeting (133,985,453) against the outstanding shares (139,817,519) to assess participation rates.
- Note that KPMG LLP has been ratified as the auditor for the fiscal year ending December 31, 2022.