Babcock & Wilcox (BW) GC exercises RSUs as 96,285 shares withheld for tax
Rhea-AI Filing Summary
Babcock & Wilcox Enterprises General Counsel & Secretary John J. Dziewisz reported compensation-related equity activity in company stock. On May 29, 2026, he exercised derivative awards to acquire a total of 218,334 shares of common stock and had 96,285 shares withheld to cover tax obligations, according to the filing’s F-coded transactions. He also received a grant of 50,000 restricted stock units under the company’s Amended and Restated Long-Term 2021 Incentive Plan, while several previously granted RSUs were accelerated to vest on that same date. The transactions reflect option and RSU exercises with associated tax withholding rather than any open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
218,334 shares exercised/converted
Mixed
11 txns
Insider
Dziewisz John J
Role
General Counsel & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 115,000 | $0.00 | -- |
| Exercise | Restricted Stock Units | 53,334 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 50,000 | $0.00 | -- |
| Exercise | Restricted Stock Units | 50,000 | $0.00 | -- |
| Exercise | Common Stock | 115,000 | $19.18 | $2.21M |
| Tax Withholding | Common Stock | 50,715 | $19.18 | $973K |
| Exercise | Common Stock | 53,334 | $19.18 | $1.02M |
| Tax Withholding | Common Stock | 23,520 | $19.18 | $451K |
| Exercise | Common Stock | 50,000 | $19.18 | $959K |
| Tax Withholding | Common Stock | 22,050 | $19.18 | $423K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Restricted Stock Units — 0 shares (Direct);
Common Stock — 409,718 shares (Direct);
Common Stock — 2.25 shares (Indirect, 401k Plan)
Footnotes (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. 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. RSUs originally scheduled to vest in three annual installments on August 7, 2026, August, 7, 2027 and August 7, 2028. These RSUs were accelerated to vest May 29, 2026. RSUs originally scheduled to vest in two annual installments on August 5, 2026 and August 5, 2027. These RSUs were accelerated to vest May 29, 2026. RSUs vest immediately on grant date.
Key Figures
Derivative exercises: 218,334 shares
Tax withholding shares: 96,285 shares
RSU grant: 50,000 RSUs
+1 more
4 metrics
Derivative exercises
218,334 shares
Total common shares from M-code exercises on May 29, 2026
Tax withholding shares
96,285 shares
Common shares delivered for tax obligations in F-code transactions
RSU grant
50,000 RSUs
New restricted stock units granted under 2021 incentive plan
401k plan holding
2.25 shares
Indirect common stock holding in 401k plan
Key Terms
Restricted Stock Units, tax withholding obligations, long-term incentive plan, accelerated to vest
4 terms
Restricted Stock Units financial
"The filing shows a grant of 50,000 restricted stock units and several RSU exercises into common stock."
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.
tax withholding obligations financial
"Represents shares of common stock withheld by the Issuer to pay tax withholding obligations of the Reporting Person."
long-term incentive plan financial
"RSUs are granted under Babcock & Wilcox Enterprises, Inc. Amended and Restated Long-Term 2021 Incentive Plan."
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
accelerated to vest financial
"These RSUs were accelerated to vest May 29, 2026."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did BW insider John J. Dziewisz report in this Form 4 for Babcock & Wilcox (BW)?
He reported exercising equity awards to acquire common shares and settling related taxes in shares. The filing also shows a new restricted stock unit grant and accelerated vesting of prior RSU awards under the company’s long-term incentive plan.
What RSU activity for Babcock & Wilcox (BW) is disclosed in this Form 4?
The filing shows a grant of 50,000 restricted stock units and several RSU exercises into common stock. Footnotes explain these RSUs were issued under the company’s 2021 long-term incentive plan and that certain awards were accelerated to vest on May 29, 2026.
Was any new equity granted to John J. Dziewisz under Babcock & Wilcox (BW)’s incentive plan?
Yes. The Form 4 reports an A-code transaction for 50,000 restricted stock units. Footnotes state each RSU represents a contingent right to receive one share of BW common stock under the Amended and Restated Long-Term 2021 Incentive Plan.