John J. Dziewisz - Jul 28, 2023 Form 4 Insider Report for Babcock & Wilcox Enterprises, Inc. (BW)

Role: General Counsel & Secretary
Signature: /s/ John J. Dziewisz
Stock symbol: BW
Transactions as of: Jul 28, 2023
Transactions value $: $68,096
Form type: 4
Date filed: 8/1/2023, 04:34 PM
Previous filing: Sep 1, 2022
Next filing: Aug 15, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BW	Common Stock	Options Exercise	$125K	+23.3K	+14.67%	$5.34	182K	Jul 28, 2023	Direct
transaction	BW	Common Stock	Tax liability	-$56.5K	-10.6K	-5.8%	$5.34	172K	Jul 28, 2023	Direct	F1
holding	BW	Common Stock						2.25	Jul 28, 2023	401k Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	BW	Restricted Stock Units	Options Exercise	$0	-23.3K	-33.33%	$0.00	46.7K	Jul 28, 2023	Common Stock	23.3K		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represenss shares of common stock withheld by the Issuer pursuant to the terms of the award to pay tax withholding obligations of the Reporting Person upon the vesting of the RSUs.
F2	Each restricted stock unit (RSU) is granted pursuant to Babcock & Wilcox Enterprises, Inc. Amended and Restated Long-Term 2021 Incentive Plan and represents a contingent right to receive one share of BW common stock.
F3	RSUs vest in three annual installments beginning July 28, 2023.