Jimmy B. Morgan - 11 Aug 2024 Form 4 Insider Report for Babcock & Wilcox Enterprises, Inc. (BW)

Role
Chief Operating Officer
Signature
/s/ John J. Dziewisz, attorney-in-fact for Jimmy B. Morgan
Issuer symbol
BW
Transactions as of
11 Aug 2024
Net transactions value
+$21,339
Form type
4
Filing time
13 Aug 2024, 16:34:11 UTC
Previous filing
07 Aug 2024
Next filing
30 Jul 2025
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 $39,334 +33,334 +6.4% $1.18 555,246 11 Aug 2024 Direct
transaction BW Common Stock Tax liability $17,995 -15,250 -2.7% $1.18 539,996 11 Aug 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 -33,334 -100% $0.000000* 0 11 Aug 2024 Common Stock 33,334 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 the Babcock & Wilcox Enterprises, Inc. 2021 Long-Term Incentive Plan, each restricted stock unit represents a contingent right to receive one share of BW common stock.
F3 RSUs vest annually in three equal installments beginning on August 11, 2022.