Gerhard F. Burbach - Sep 7, 2023 Form 4 Insider Report for BWX Technologies, Inc. (BWXT)

Role
Director
Signature
/s/ Gerhard F. Burbach, by Theresa B. Taylor, attorney-in-fact
Stock symbol
BWXT
Transactions as of
Sep 7, 2023
Transactions value $
$0
Form type
4
Date filed
9/11/2023, 04:41 PM
Previous filing
Aug 15, 2023
Next filing
Dec 13, 2023

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 BWXT Dividend Equivalent Rights Award $0 +36.6 +7.66% $0.00 515 Sep 7, 2023 Common Stock 36.6 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The dividend equivalent rights accrued on five restricted stock unit grants of which the reporting person has elected to defer receipt of the shares underlying the RSUs. Each RSU and DER represent a contingent right to receive one share of BWXT common stock. In accordance with the deferral election, the DERs will be delivered to the reporting person proportionately with the RSUs to which they relate.