B. Riley Financial, Inc. - Nov 14, 2023 Form 4 Insider Report for Babcock & Wilcox Enterprises, Inc. (BW)

Role
10%+ Owner
Signature
B. Riley Financial, Inc., by: /s/ Bryant R. Riley, Co-Chief Executive Officer
Stock symbol
BW
Transactions as of
Nov 14, 2023
Transactions value $
$182,907
Form type
4
Date filed
11/16/2023, 09:23 AM
Previous filing
Nov 14, 2023
Next filing
Dec 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BW Common Stock, $0.01 par value per share Purchase $183K +158K +2.12% $1.16 7.6M Nov 14, 2023 By B. Riley Securities, Inc. F1, F2, F3, F5
holding BW Common Stock, $0.01 par value per share 19.8M Nov 14, 2023 By BRF Investments, LLC F1, F2, F3
holding BW Common Stock, $0.01 par value per share 520K Nov 14, 2023 Direct F4
holding BW Common Stock, $0.01 par value per share 43.6K Nov 14, 2023 By Bryant R. Riley, as UTMA custodian for Abigail Riley F1, F3
holding BW Common Stock, $0.01 par value per share 43.9K Nov 14, 2023 By Bryant R. Riley, as UTMA custodian for Charlie Riley F1, F3
holding BW Common Stock, $0.01 par value per share 41.9K Nov 14, 2023 By Bryant R. Riley, as UTMA custodian for Susan Riley F1, F3
holding BW Common Stock, $0.01 par value per share 43.6K Nov 14, 2023 By Bryant R. Riley, as UTMA custodian for Eloise Riley F1, F3
holding BW Common Stock, $0.01 par value per share 37.4K Nov 14, 2023 Held in Bryant R. Riley's 401(k) account F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 is being filed jointly by B. Riley Financial, Inc., a Delaware corporation ("BRF"), B. Riley Securities, Inc., a Delaware corporation ("BRS"), BRF Investments, LLC, a Delaware corporation ("BRFI"), and Bryant R. Riley.
F2 BRF is the parent company of BRS and BRFI. As a result, BRF may be deemed to indirectly beneficially own the shares held by BRS and BRFI.
F3 Bryant R. Riley is the Co-Chief Executive Officer and Chairman of the Board of Directors of BRF. As a result, Bryant R. Riley may be deemed to indirectly beneficially own the shares of Common Stock directly held by BRS and BRFI. Each of BRF, BRS, BRFI, and Bryant R. Riley disclaims beneficial ownership of the outstanding shares of Common Stock reported herein, except to the extent of its/his respective pecuniary interest therein.
F4 Represents shares held directly by Bryant R. Riley.
F5 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.14 to $1.16, inclusive. The Filing Persons undertake to provide the Commission, upon request, full information regarding the number of shares purchased at each separate price.