Jimmy B. Morgan - 02 May 2024 Form 4 Insider Report for Babcock & Wilcox Enterprises, Inc. (BW)

Signature
/s/ John J. Dziewisz, attorney-in-fact for Jimmy B. Morgan
Issuer symbol
BW
Transactions as of
02 May 2024
Net transactions value
+$35,827
Form type
4
Filing time
03 May 2024, 16:33:49 UTC
Previous filing
29 Aug 2023
Next filing
30 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BW Common Stock Options Exercise $51,460 +49,010 +10% $1.05 518,717 02 May 2024 Direct
transaction BW Common Stock Tax liability $15,633 -14,889 -2.9% $1.05 503,828 02 May 2024 Direct 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 -49,010 -100% $0.000000* 0 02 May 2024 Common Stock 49,010 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 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 Pursuant to Babcock & Wilcox Enterprises, Inc. Amended and Restated 2021 Long-Term Incentive Plan and represents a contingent right to receive one share of common stock.
F3 Restricted Stock Units vest May 2, 2024.