Kenneth M. Young - 03 Nov 2023 Form 4 Insider Report for Babcock & Wilcox Enterprises, Inc. (BW)

Role: Chief Executive Officer, Director
Signature: /s/ John J. Dziewisz, attorney-in-fact for Kenneth M. Young
Issuer symbol: BW
Transactions as of: 03 Nov 2023
Net transactions value: +$170,001
Form type: 4
Filing time: 17 Nov 2023, 08:35:39 UTC
Previous filing: 29 Aug 2023
Next filing: 14 Nov 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BW	Common Stock	Options Exercise	$170,001	+66,667	+5.5%	$2.55	1,279,667	03 Nov 2023	Direct
holding	BW	Common Stock						212,516	03 Nov 2023	See Note	F1

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	-66,667	-50%	$0.000000	66,667	03 Nov 2023	Common Stock	66,667		Direct	F2, F3

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

Explanation of Responses:

Id	Content
F1	Held of record by the Kenneth M. Young Revocable Trust U/A 5/8/15.
F2	Pursuant to the Babcock & Wilcox Enterprises, Inc. Amended and Restated 2021 Long-Term Incentive Plan, each restricted stock unit (RSU) represents a contingent right to receive one share of BW common stock.
F3	RSUs vest annually in three equal installments beginning November 3, 2022.