Babcock & Wilcox (BW) director settles RSUs for taxes and receives new grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Babcock & Wilcox Enterprises, Inc. director Rebecca L. Stahl reported compensation-related equity moves. She exercised 85,000 restricted stock units into common stock and the company settled 46,750 common shares with her at $21.22 per share to facilitate tax payments. After these transactions she directly holds 184,013 common shares and 8,725 restricted stock units, with the new units vesting on May 15, 2027 or the next annual meeting, whichever is earlier.
Positive
- None.
Negative
- None.
Insider Trade Summary
85,000 shares exercised/converted
Mixed
4 txns
Insider
Stahl Rebecca L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 8,725 | $0.00 | -- |
| Exercise | Restricted Stock Units | 85,000 | $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 shares (Direct, null);
Common Stock — 230,763 shares (Direct, null)
Footnotes (1)
- 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. 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. Vests May 15, 2027 or date of next Annual Meeting, whichever is earlier. Vests May 15, 2026 or date of next Annual Meeting, whichever is earlier.
Key Figures
Issuer disposition shares: 46,750 shares at $21.22
RSUs exercised: 85,000 restricted stock units
Shares held after transactions: 184,013 common shares
+2 more
5 metrics
Issuer disposition shares
46,750 shares at $21.22
Common stock settled in cash to facilitate tax payments
RSUs exercised
85,000 restricted stock units
Converted into common stock on May 15, 2026
Shares held after transactions
184,013 common shares
Direct ownership following reported issuer disposition
New RSU grant
8,725 restricted stock units
Award under 2021 Long-Term Incentive Plan
Vesting date for new RSUs
May 15, 2027
Or date of next annual meeting, whichever is earlier
Key Terms
Restricted Stock Units, Disposition to issuer, Exercise or conversion of derivative security, Grant, award, or other acquisition, +1 more
5 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 that vested"
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""
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Long-Term Incentive Plan financial
"Pursuant to Babcock & Wilcox Enterprises, Inc. Amended and Restated 2021 Long-Term 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.
FAQ
What insider transactions did BW director Rebecca L. Stahl report?
Rebecca L. Stahl exercised restricted stock units and had shares settled for taxes. She converted 85,000 restricted stock units into common stock and 46,750 common shares were settled in cash by the company to facilitate her tax payments, according to the reported data and footnotes.
What new equity award did Rebecca L. Stahl receive from Babcock & Wilcox?
Stahl received 8,725 restricted stock units as a new equity grant. These units were awarded under the company’s Amended and Restated 2021 Long-Term Incentive Plan and represent a contingent right to receive the same number of common shares, subject to vesting conditions.
When do Rebecca L. Stahl’s new Babcock & Wilcox restricted stock units vest?
The newly granted 8,725 restricted stock units vest on May 15, 2027. Vesting can also occur earlier on the date of the next annual meeting, whichever occurs first, as specified in the award’s vesting terms described in the footnotes.
How were taxes handled on Rebecca L. Stahl’s vested restricted stock units at BW?
A portion of her vested restricted stock units was settled in cash to cover taxes. The company settled 46,750 common shares in cash, pursuant to the award terms, specifically to facilitate Stahl’s tax payments associated with the vesting event.