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BWX Technologies, Inc. — Director's Dealing 2024
Feb 29, 2024
30361_dirs_2024-02-29_de0aadad-4dd1-4482-99a7-6c398a730e75.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BWX Technologies, Inc. (BWXT)
CIK: 0001486957
Period of Report: 2024-02-27
Reporting Person: DUFFY ROBERT L (SVP and Chief Admin. Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-27 | Common Stock | M | 94 | — | Acquired | 4729 | Direct |
| 2024-02-27 | Common Stock | F | 94 | $89.28 | Disposed | 4635 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-27 | Restricted Stock Units | $0 | M | 94 | Disposed | Common Stock (94) | Direct |
Footnotes
F1: The reported transaction includes the withholding of 94 shares of common stock converted to pay taxes associated with the deferral by the reporting person of a portion of the Restricted Stock Unit ("RSU") award vesting on February 27, 2024.
F2: RSUs vest in three equal annual installments beginning February 27, 2024. Each RSU represents the right to receive one share of the issuer's common stock. 756 of the RSUs vested on February 27, 2024, but the reporting person elected to defer receipt of shares underlying his vested RSUs. In accordance with his deferral election, vested shares will be delivered to the reporting person in a lump sum four years after termination of his employment with the issuer. 94 of the vested RSUs were converted to common stock to pay taxes associated with the deferral.