Jan Bertsch - Dec 10, 2024 Form 4 Insider Report for BWX Technologies, Inc. (BWXT)

Role: Director
Signature: /s/ Jan A. Bertsch, by Theresa B. Taylor, attorney-in-fact
Stock symbol: BWXT
Transactions as of: Dec 10, 2024
Transactions value $: $0
Form type: 4
Date filed: 12/12/2024, 05:01 PM
Previous filing: Dec 3, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BWXT	Common Stock	Options Exercise	$0	+99	+0.82%	$0.00	12.1K	Dec 10, 2024	Direct

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	+47.2	+2.29%	$0.00	2.11K	Dec 10, 2024	Common Stock	47.2		Direct	F1
transaction	BWXT	Dividend Equivalent Rights	Options Exercise	$0	+99.9	+5.24%	$0.00	2.01K	Dec 10, 2024	Common Stock	99.9		Direct	F2

* 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 eight 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.
F2	The dividend equivalent rights accrued on one restricted stock unit grant of which the reporting person has elected to defer receipt of the shares underlying the RSU's. Each RSU and DER represent a contingent right to receive one share of BWC common stock. The shares represent accrued dividends on the December 1, 2024 equity payout. Fractional shares converted to cash.

Content

The dividend equivalent rights accrued on eight 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.

The dividend equivalent rights accrued on one restricted stock unit grant of which the reporting person has elected to defer receipt of the shares underlying the RSU's. Each RSU and DER represent a contingent right to receive one share of BWC common stock. The shares represent accrued dividends on the December 1, 2024 equity payout. Fractional shares converted to cash.