STOCK TITAN

Form 4: Jimmy B. Morgan receives 100,000 RSUs at Babcock & Wilcox

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Form Type
4

Rhea-AI Filing Summary

Babcock & Wilcox Enterprises, Inc. reported a grant of 100,000 restricted stock units (RSUs) to Jimmy B. Morgan, who is identified as the company's Chief Commercial Officer. The RSUs represent a contingent right to receive one share of the company's common stock for each RSU and are issued under the company's Amended and Restated Long-Term 2021 Incentive Plan.

The transaction date listed is 08/07/2025 and the reporting table shows 100,000 RSUs beneficially owned following the transaction in a direct ownership form. The RSUs vest in three annual installments beginning August 7, 2026.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Form 4 discloses a 100,000 RSU grant to the Chief Commercial Officer, vesting in three annual installments.

The filing documents a derivative award: 100,000 Restricted Stock Units granted under the company's 2021 Incentive Plan with a transaction date of 08/07/2025. Each RSU converts to one share of common stock if vested, and the units are shown as directly beneficially owned following the grant. Vesting begins 08/07/2026 and occurs in three annual installments, per the explanation provided in the form.

TL;DR: The filing records a routine equity compensation grant of 100,000 RSUs to an executive with a multi-year vesting schedule.

The document identifies the grant instrument as Restricted Stock Units and cites the governing plan as the Amended and Restated Long-Term 2021 Incentive Plan. The form shows the RSUs vest in three annual installments beginning August 7, 2026, and lists the award as direct beneficial ownership following the transaction. The entry is recorded on Form 4 as required for officer reporting.

Insider Morgan Jimmy B
Role Chief Commercial Officer
Type Security Shares Price Value
Grant/Award Restricted Stock Unit 100,000 $0.00 $0.00
Holdings After Transaction: Restricted Stock Unit — 100,000 shares (Direct)
Footnotes (2)
  1. F1. 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.
  2. F2. RSUs vest in three annual installments beginning August 7, 2026.

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FAQ

What did the BWSN Form 4 report?

The Form 4 reports a grant of 100,000 restricted stock units (RSUs) to Jimmy B. Morgan, Chief Commercial Officer of Babcock & Wilcox Enterprises.

When was the RSU grant recorded?

The transaction date shown on the form is 08/07/2025.

How do the RSUs convert to common stock?

Each RSU represents a contingent right to receive one share of BW common stock upon vesting, per the filing.

What is the vesting schedule for the RSUs?

The RSUs vest in three annual installments beginning August 7, 2026, as stated in the explanation of responses.

Under which plan were the RSUs granted?

The award was granted pursuant to the Amended and Restated Long-Term 2021 Incentive Plan.
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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Morgan Jimmy B

(Last) (First) (Middle)
1200 EAST MARKET STREET

(Street)
AKRON OH 44305

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Babcock & Wilcox Enterprises, Inc. [ BW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Commercial Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/07/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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
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 Unit (1) 08/07/2025 A 100,000 (2) (2) Common Stock 100,000 $0 100,000 D
Explanation of Responses:
1. 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.
2. RSUs vest in three annual installments beginning August 7, 2026.
/s/ John J. Dziewisz, attorney-in-fact for Jimmy B. Morgan 08/11/2025
** 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.