Alan Howe (BW) exercises 85K RSUs and reports updated BW share holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Babcock & Wilcox Enterprises director Alan B. Howe reported several equity compensation-related transactions in company stock. On May 15, 2026, he exercised 85,000 Restricted Stock Units, which converted into an equal number of common shares at a stated value of $21.22 per share. The filing notes that a portion of the vested restricted stock units was settled in cash by Babcock & Wilcox to facilitate his tax payments, rather than through open-market sales.
Following these transactions, Howe held 165,994 shares of common stock directly, in addition to indirect holdings of 72,606 shares through the Alan & Penny Howe Trust, where he serves as trustee, and 13,000 shares in an IRA. He also received a new grant of 8,725 Restricted Stock Units under the company’s Amended and Restated 2021 Long-Term Incentive Plan, representing a contingent right to receive common stock, with vesting tied to future dates or the next annual meeting.
Positive
- None.
Negative
- None.
Insider Trade Summary
85,000 shares exercised/converted
Mixed
6 txns
Insider
Howe Alan B
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 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 8,725 shares (Direct, null);
Common Stock — 212,744 shares (Direct, null);
Common Stock — 72,606 shares (Indirect, Alan & Penny Howe Trust)
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. These securities are owned by the Alan & Penny Howe Trust (dated November 2012), of which the reporting person is a trustee. 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
RSUs exercised: 85,000 units
Exercise reference price: $21.22 per share
Disposition to issuer: 46,750 shares
+4 more
7 metrics
RSUs exercised
85,000 units
Restricted Stock Units converted to common stock on May 15, 2026
Exercise reference price
$21.22 per share
Stated value for 85,000 common shares from RSU exercise
Disposition to issuer
46,750 shares
Common stock disposition to Babcock & Wilcox to settle part of vested RSUs
Direct common shares after transactions
165,994 shares
Alan B. Howe direct ownership following May 15, 2026 transactions
Trust-held shares
72,606 shares
Indirect ownership via Alan & Penny Howe Trust
IRA-held shares
13,000 shares
Indirect ownership in IRA account
New RSU grant
8,725 units
Restricted Stock Units granted under 2021 Long-Term Incentive Plan
Key Terms
Restricted Stock Units, Disposition to issuer, Amended and Restated 2021 Long-Term Incentive Plan, contingent right to receive one share of common stock, +1 more
5 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units" with underlying 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.
Disposition to issuer financial
"transaction_code_description: "Disposition to issuer" for 46,750 shares"
Amended and Restated 2021 Long-Term Incentive Plan financial
"Pursuant to Babcock & Wilcox Enterprises, Inc. Amended and Restated 2021 Long-Term Incentive Plan"
indirect ownership financial
"ownership_type: "indirect" for trust and IRA-held common stock"
FAQ
What insider transactions did Alan B. Howe report for Babcock & Wilcox (BW)?
Alan B. Howe reported equity compensation-related transactions in Babcock & Wilcox common stock. He exercised 85,000 Restricted Stock Units into shares and had part of the vested award settled in cash by the company to cover tax payments, plus received a new RSU grant.
What was the size and price of the RSU exercise reported by Alan B. Howe at BW?
The Form 4 shows an exercise of 85,000 Restricted Stock Units into Babcock & Wilcox common shares at a stated value of $21.22 per share. These units converted on May 15, 2026 as part of his director equity compensation.
What new Restricted Stock Units did Alan B. Howe receive from Babcock & Wilcox?
Alan B. Howe received a grant of 8,725 Restricted Stock Units under Babcock & Wilcox’s Amended and Restated 2021 Long-Term Incentive Plan. Each unit represents a contingent right to receive one share of common stock, with vesting tied to specified future dates or the next annual meeting.