Robert L. Duffy - Feb 27, 2024 Form 4 Insider Report for BWX Technologies, Inc. (BWXT)

Role
SVP and Chief Admin. Officer
Signature
/s/ Robert L. Duffy by Theresa B. Taylor, attorney-in-fact
Stock symbol
BWXT
Transactions as of
Feb 27, 2024
Transactions value $
-$8,392
Form type
4
Date filed
2/29/2024, 04:43 PM
Previous filing
Aug 30, 2023
Next filing
Mar 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction BWXT Common Stock +Options Exercise $0 +94 +2.03% $0.00 4,729 Feb 27, 2024 Direct
transaction BWXT Common Stock -Tax liability -$8,392 -94 -1.99% $89.28 4,635 Feb 27, 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 BWXT Restricted Stock Units -Options Exercise $0 -94 -4.14% $0.00 2,174 Feb 27, 2024 Common Stock 94 $0.00 Direct F2

Explanation of Responses:

Id Content
F1 The reported transaction includes the withholding of 94 shares of common stock converted to pay taxes associated with the deferral by the reporting person of a portion of the Restricted Stock Unit ("RSU") award vesting on February 27, 2024.
F2 RSUs vest in three equal annual installments beginning February 27, 2024. Each RSU represents the right to receive one share of the issuer's common stock. 756 of the RSUs vested on February 27, 2024, but the reporting person elected to defer receipt of shares underlying his vested RSUs. In accordance with his deferral election, vested shares will be delivered to the reporting person in a lump sum four years after termination of his employment with the issuer. 94 of the vested RSUs were converted to common stock to pay taxes associated with the deferral.