John J. Dziewisz - Aug 16, 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
Aug 16, 2023
Transactions value $
-$10,455
Form type
4
Date filed
8/18/2023, 04:32 PM
Previous filing
Aug 15, 2023
Next filing
Aug 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BW Common Stock Sale -$10.5K -2.05K -1.11% $5.10 183K Aug 16, 2023 Direct F1
holding BW Common Stock 2.25 Aug 16, 2023 401k Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.