ROBERT L. DUFFY - 28 Feb 2025 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
Issuer symbol: BWXT
Transactions as of: 28 Feb 2025
Net transactions value: -$2,553
Form type: 4
Filing time: 04 Mar 2025, 16:52:48 UTC
Previous filing: 28 Feb 2025
Next filing: 06 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BWXT	Common Stock	Options Exercise	$0	+25	+0.27%	$0.000000	9,231	28 Feb 2025	Direct
transaction	BWXT	Common Stock	Tax liability	$2,553	-25	-0.27%	$102.13	9,206	28 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	Restricted Stock Units	Options Exercise	$0	-25	-1.8%	$0.000000	1,364	28 Feb 2025	Common Stock	25	$0.000000	Direct	F2

* 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 28, 2025.
F2	RSUs vest in three equal annual installments beginning February 28, 2025. Each RSU represents the right to receive one share of the issuer's common stock. 463 of the RSUs vested on February 28, 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 three equal installments after termination of his employment with the issuer. 25 of the vested RSUs were converted to common stock to pay taxes associated with the deferral.

Content

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 28, 2025.

RSUs vest in three equal annual installments beginning February 28, 2025. Each RSU represents the right to receive one share of the issuer's common stock. 463 of the RSUs vested on February 28, 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 three equal installments after termination of his employment with the issuer. 25 of the vested RSUs were converted to common stock to pay taxes associated with the deferral.