Babcock & Wilcox Enterprises I SEC Filings

Babcock & Wilcox Enterprises, Inc. has had its 8.125% Senior Notes due 2026 removed from listing and/or registration on the New York Stock Exchange. The NYSE filed a Form 25, stating it has complied with its own rules and the requirements of the Securities Exchange Act of 1934 for striking this class of securities from listing. The filing also notes that the issuer has complied with the exchange’s rules and the applicable SEC regulations governing voluntary withdrawal of this class of notes from listing and registration.

Babcock & Wilcox Enterprises (BW)85,000 shares of common stock at $6.08 per share through the exercise of restricted stock units (transaction code M). These RSUs were granted under the company’s Amended and Restated 2021 Long-Term Incentive Plan and represented a contingent right to receive one share of common stock per unit.

The RSUs were originally scheduled to vest on May 15, 2026 or on the date of the next annual meeting, whichever occurred earlier, but their vesting was accelerated to 11/21/2025. After this transaction, the director beneficially owns 488,187 shares of BW common stock directly, and holds no remaining derivative securities from this RSU grant.

Babcock & Wilcox Enterprises, Inc. announced the immediate retirement of director Henry E. Bartoli from its Board for personal reasons. The company states that his retirement is not due to any disagreement with or concerning the company. The Board expressed appreciation for his many years of service.

In connection with his retirement, Mr. Bartoli and the company agreed to terminate his existing consulting agreement effective immediately. He will still receive the $12,500 monthly consulting fee for December 2025, and the company will pay him an additional $28,000, which includes his accrued and unpaid cash fees and expenses for serving as a Board member. The company also accelerated the vesting of all his outstanding and unvested restricted stock units.

Babcock & Wilcox Enterprises (BW) reported an insider purchase by its Chief Financial Officer. On 11/12/2025, the CFO acquired 2,853 shares of common stock at a price of $7.05 per share, coded as an open market purchase (P).

Following this transaction, the executive beneficially owned 156,658 shares, held directly. The filing lists no derivative securities activity.

Babcock & Wilcox Enterprises (BW) CEO and director Kenneth M. Young purchased company stock on 11/12/2025.

He bought 1,675 shares at a weighted average price of $7.16 (with individual trades ranging from $7.13 to $7.43) and 1,500 shares at $7.13.

Following these trades, beneficial ownership stands at 1,444,287 shares direct and 272,767 shares indirect, held by the Kenneth M. Young Revocable Trust U/A 5/8/15.

Babcock & Wilcox Enterprises (BW) furnished an investor presentation under Regulation FD. The company posted the presentation on its investor relations website and attached it as Exhibit 99.1 to this report. The furnished materials are incorporated by reference as stated and are not deemed “filed” for Section 18 of the Exchange Act.

The filing also lists BW’s NYSE‑traded securities: common stock (BW), 8.125% Senior Notes due 2026 (BWSN), 6.50% Senior Notes due 2026 (BWNB), and 7.75% Series A Cumulative Perpetual Preferred Stock (BW PRA).

Babcock & Wilcox Enterprises (BW) reported Q3 2025 results. Revenue was $149.0 million versus $152.6 million a year ago. Operating income rose to $6.5 million from $1.6 million, but continuing operations posted a loss before tax of $1.3 million. Net income to common was $31.4 million, or $0.30 per share, driven by a $53.2 million gain from the July sale of Diamond Power recorded in discontinued operations.

For the first nine months, revenue was $448.9 million and the net loss to common was $56.6 million. Operating cash flow used was $65.9 million, offset by $172.4 million provided by investing activities mainly from asset sales. Cash and cash equivalents were $24.4 million, with $165.5 million current restricted cash. Stockholders’ deficit was $232.2 million.

The company disclosed that prior conditions raised “substantial doubt” about continuing as a going concern, but cited actions including $187.5 million of 2025 divestiture proceeds, $32.5 million raised via an at‑the‑market program, exchanges and redemptions of notes, full repayment of the revolving balance leaving $81.1 million of borrowing capacity, and extending the credit facility maturity to November 30, 2026. Backlog was $393.5 million.

Babcock & Wilcox Enterprises (BW) announced it raised $67.5 million through its at-the-market (ATM) equity offering pursuant to its sales agreement with B. Riley Securities and Lake Street Capital Markets. The company noted that approximately $50 million came from a single fundamental global institutional investor.

The disclosure was furnished under Item 7.01 (Regulation FD) and includes a press release as Exhibit 99.1. Information furnished under Item 7.01 is not deemed filed under the Exchange Act. No additional terms were provided in this excerpt beyond the aggregate amount raised and the ATM agents.

Babcock & Wilcox Enterprises entered a sales agreement for an at‑the‑market offering of its common stock, allowing sales from time to time of up to $200,000,000 through B. Riley Securities and Lake Street Capital Markets as agents.

Sales will be made pursuant to the company’s effective Form S‑3 shelf registration. The agents will use commercially reasonable efforts and earn a 3.0% commission on gross proceeds from each sale. There is no minimum offering amount, so total proceeds will depend on actual shares sold and will be received by the company net of commissions and transaction fees.

A prospectus supplement for this ATM program has been filed, and the sales agreement includes customary representations, covenants, indemnification, and termination provisions.