CEO share purchase and RSU grant at Babcock & Wilcox (NYSE: BW)

Rhea-AI Filing Summary

Babcock & Wilcox Enterprises CEO Kenneth M. Young reported several equity transactions. On March 18, 2026, he bought 7,000 shares of common stock in an open‑market purchase at a weighted average price of $15.145 per share, bringing his direct holdings to 1,656,512 shares.

On March 16, 2026, he received 250,000 restricted stock units under the company’s long‑term 2021 incentive plan, which vested immediately and were converted into 250,000 common shares. To pay related tax withholding obligations, 119,625 shares of common stock were withheld. The filing also shows 272,767 shares of common stock held indirectly through the Kenneth M. Young Revocable Trust U/A 5/8/15.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Young Kenneth M

(Last) (First) (Middle)

1200 EAST MARKET STREET

(Street)

AKRON OHIO 44305

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Babcock & Wilcox Enterprises, Inc. [ BW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/16/2026		M		250,000	A	$10.51	1,769,137	D
Common Stock	03/16/2026		F		119,625(1)	D	$10.51	1,649,512	D
Common Stock	03/18/2026		P		7,000	A	$15.145(2)	1,656,512	D
Common Stock								272,767	I	See Note(3)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(4)	03/16/2026		A		250,000		(5)	(5)	Common Stock	250,000	$0	250,000	D
Restricted Stock Units	(4)	03/16/2026		M			250,000	(5)	(5)	Common Stock	250,000	$0	0	D

Explanation of Responses:

1. Represents shares of common stock withheld by the Issuer pursuant to the terms of the award to pay tax withholding obligations of the Reporting Person upon the vesting of the RSUs.

2. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $15.10 to $15.15, inclusive. The reporting person undertakes to provide full information regarding the number of shares purchased at a particular price upon request from SEC staff, the issuer or a shareholder of issuer.

3. Held of record by the Kenneth M. Young Revocable Trust U/A 5/8/15.

4. Each restricted stock unit (RSU) is granted pursuant to Babcock & Wilcox Enterprises, Inc. Amended and Restated Long-Term 2021 Incentive Plan and represents a contingent right to receive one share of BW common stock.

5. RSUs vest immediately on grant date.

	/s/ John J. Dziewisz, attorney-in-fact for Kenneth M. Young	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did BW CEO Kenneth Young report in this Form 4?

Kenneth Young reported an open-market share purchase and RSU activity. He bought 7,000 BW common shares at a weighted average $15.145, received 250,000 RSUs that vested immediately into common stock, and had 119,625 shares withheld to cover tax obligations on the RSU vesting.

How many Babcock & Wilcox shares does the BW CEO hold after these transactions?

After the reported transactions, Kenneth Young holds substantial BW equity. His direct ownership is 1,656,512 common shares, and the filing also lists 272,767 common shares held indirectly through the Kenneth M. Young Revocable Trust U/A 5/8/15.

What price did the BW CEO pay for his recent open-market share purchase?

The CEO’s open-market purchase was made around the mid-teens per share. He acquired 7,000 BW common shares at a weighted average price of $15.145 per share, with individual trades occurring between $15.10 and $15.15, according to the weighted-average footnote.

What are the details of the 250,000 RSUs reported by BW CEO Kenneth Young?

Kenneth Young was granted 250,000 restricted stock units. Each RSU represents a contingent right to receive one BW common share under the Amended and Restated Long-Term 2021 Incentive Plan, vested immediately on the grant date, and was converted into 250,000 common shares in the same reporting period.

Why were 119,625 Babcock & Wilcox shares withheld in the CEO’s Form 4?

The 119,625 BW shares were withheld to satisfy tax obligations. These common shares were retained by the issuer under the award terms to pay Kenneth Young’s tax withholding requirements arising upon the vesting of his restricted stock units, rather than being sold on the open market.

How much of the BW CEO’s ownership is indirect through a trust?

The Form 4 shows an additional indirect BW holding via a trust. It lists 272,767 common shares held indirectly and of record by the Kenneth M. Young Revocable Trust U/A 5/8/15, separate from his directly owned 1,656,512 common shares.