BW director exercises RSUs, settles tax obligations
Babcock & Wilcox Enterprises director Joseph A. Tato reported compensation-related equity activity.
Rhea-AI Filing Summary
Babcock & Wilcox Enterprises director Joseph A. Tato reported compensation-related equity activity. On May 15, 2026, he exercised 85,000 restricted stock units into common stock at a reported value of $21.22 per share. To facilitate tax payments, 46,750 shares were settled back to the company in cash under the award terms, rather than sold on the open market. Following these transactions, he directly held 207,338 common shares. He also received a new grant of 8,725 restricted stock units under the Amended and Restated 2021 Long-Term Incentive Plan, each representing one share of common stock, vesting by May 15, 2027 or the next annual meeting, whichever is earlier.
Positive
- None.
Negative
- None.
Insider Trade Summary
85,000 shares exercised/converted
Exercise
4 txns
Insider
Tato Joseph A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 8,725 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 85,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 85,000 | $21.22 | $1.80M |
| Disposition | Common Stock | 46,750 | $21.22 | $992K |
Holdings After Transaction:
Restricted Stock Units — 8,725 contracts (Direct);
Common Stock — 207,338 shares (Direct)
Footnotes (4)
- F1. Represents the settlement in cash, pursuant to the applicable award terms, by BW of a portion of the restricted stock units that vested to facilitate tax payments by the reporting person.
- F2. Pursuant to Babcock & Wilcox Enterprises, Inc. Amended and Restated 2021 Long-Term Incentive Plan and represents a contingent right to receive one share of common stock.
- F3. Vests May 15, 2027 or date of next Annual Meeting, whichever is earlier.
- F4. Vests May 15, 2026 or date of next Annual Meeting, whichever is earlier.
Key Figures
Shares settled to issuer: 46,750 shares
Reported share value: $21.22 per share
RSUs exercised: 85,000 units
+2 more
5 metrics
Shares settled to issuer
46,750 shares
Disposition to issuer at $21.22 per share to facilitate tax payments
Reported share value
$21.22 per share
Value used for May 15, 2026 Form 4 transactions
RSUs exercised
85,000 units
Restricted Stock Units converted into common stock on May 15, 2026
New RSU grant
8,725 units
Award under Amended and Restated 2021 Long-Term Incentive Plan
Common shares held after
254,088 shares
Direct ownership following the reported Form 4 transactions
Key Terms
Restricted Stock Units, Disposition to issuer, Amended and Restated 2021 Long-Term Incentive Plan, vests
4 terms
Restricted Stock Units financial
"Represents the settlement in cash, pursuant to the applicable award terms, by BW of a portion of the restricted stock units..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Disposition to issuer financial
"transaction_code_description": "Disposition to issuer""
Amended and Restated 2021 Long-Term Incentive Plan financial
"Pursuant to Babcock & Wilcox Enterprises, Inc. Amended and Restated 2021 Long-Term Incentive Plan..."
vests financial
"Vests May 15, 2027 or date of next Annual Meeting, whichever is earlier."
FAQ
What insider transactions did Joseph A. Tato report for BW on this Form 4?
Joseph A. Tato exercised 85,000 restricted stock units into common stock and had 46,750 shares settled back to Babcock & Wilcox in cash to cover taxes. He also received a new grant of 8,725 restricted stock units representing future rights to common shares.
What new restricted stock units did Joseph A. Tato receive from Babcock & Wilcox (BW)?
He received 8,725 new restricted stock units under Babcock & Wilcox’s Amended and Restated 2021 Long-Term Incentive Plan. Each unit represents a contingent right to one common share and is scheduled to vest on May 15, 2027 or the next annual meeting date, whichever occurs earlier.
When do Joseph A. Tato’s BW restricted stock units vest?
The newly granted 8,725 restricted stock units vest on May 15, 2027 or the date of the next annual meeting, whichever is earlier. Footnotes also reference vesting of prior awards on May 15, 2026 under the company’s Amended and Restated 2021 Long-Term Incentive Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
