ROBERT L. DUFFY - 26 Feb 2025 Form 4 Insider Report for BWX Technologies, Inc. (BWXT)

Signature
/s/ Robert L. Duffy by Theresa B. Taylor, attorney-in-fact
Issuer symbol
BWXT
Transactions as of
26 Feb 2025
Net transactions value
-$9,704
Form type
4
Filing time
28 Feb 2025, 20:59:10 UTC
Previous filing
29 Aug 2024
Next filing
04 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWXT Common Stock Options Exercise $0 +91 +0.99% $0.000000 9,297 27 Feb 2025 Direct
transaction BWXT Common Stock Tax liability $9,704 -91 -0.98% $106.64 9,206 27 Feb 2025 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 Employee Stock Option (right to buy) Award $0 +5,385 $0.000000 5,385 26 Feb 2025 Common Stock 5,385 $106.64 Direct F2
transaction BWXT Restricted Stock Units Award $0 +1,407 $0.000000 1,407 26 Feb 2025 Common Stock 1,407 $0.000000 Direct F3
transaction BWXT Restricted Stock Units Options Exercise $0 -91 -4.2% $0.000000 2,083 27 Feb 2025 Common Stock 91 $0.000000 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported transaction includes the withholding of 91 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, 2025.
F2 Stock Options vest in three equal annual installments beginning February 26, 2026. Stock Options expire February 26, 2035.
F3 RSUs vest in three equal annual installments beginning February 26, 2026.
F4 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, 2025, 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. 91 of the vested RSUs were converted to common stock to pay taxes associated with the deferral.