Babcock & Wilcox (NYSE: BW) director reports RSU exercise, cash tax settlement
Rhea-AI Filing Summary
Babcock & Wilcox Enterprises director Naomi Louise Boness reported compensation-related equity activity involving restricted stock units and common stock. On May 15, 2026, she exercised or converted derivative securities into 85,000 shares of common stock and received a new grant of 8,725 restricted stock units under the company’s Amended and Restated 2021 Long-Term Incentive Plan.
A portion of the vested restricted stock units representing 46,750 shares was settled in cash by the company to facilitate her tax payments, classified as a disposition to the issuer. Following these transactions, she directly owned 189,530 shares of common stock. The new restricted stock units are scheduled to vest on May 15, 2026 and May 15, 2027, or on the date of the next annual meeting in each case, whichever is earlier.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 38,250 shares
Net Buy
4 txns
Insider
Boness Naomi Louise
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 85,000 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 8,725 | $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 shares (Direct);
Common Stock — 142,780 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, 2026 or date of next Annual Meeting, whichever is earlier.
- F4. Vests May 15, 2027 or date of next Annual Meeting, whichever is earlier.
Key Figures
Shares disposed to issuer: 46,750 shares
Disposition price: $21.22 per share
Shares from derivative exercise: 85,000 shares
+4 more
7 metrics
Shares disposed to issuer
46,750 shares
Disposition to issuer at $21.22 per share on May 15, 2026
Disposition price
$21.22 per share
Price per share for 46,750-share disposition to issuer
Shares from derivative exercise
85,000 shares
Common stock acquired via exercise or conversion on May 15, 2026
New RSU grant
8,725 units
Restricted stock units granted, each convertible into one common share
Post-transaction holdings
189,530 shares
Total BW common stock directly owned after transactions
RSU vesting date 1
May 15, 2026
First scheduled vesting date or earlier date of next annual meeting
RSU vesting date 2
May 15, 2027
Second scheduled vesting date or earlier date of next annual meeting
Key Terms
Restricted Stock Units, Disposition to issuer, Exercise or conversion of derivative security, Long-Term Incentive Plan, +1 more
5 terms
Restricted Stock Units financial
"The filing reports transactions involving Restricted Stock Units linked to 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
"A 46,750-share transaction is classified as a Disposition to issuer."
Exercise or conversion of derivative security financial
"One transaction is described as Exercise or conversion of derivative security."
Long-Term Incentive Plan financial
"Awards were made under the 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.
vests financial
"The restricted stock units vest May 15, 2026 and May 15, 2027 or the next Annual Meeting."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Naomi Louise Boness report for BW on May 15, 2026?
Naomi Louise Boness reported exercising or converting derivative securities into 85,000 BW common shares, receiving 8,725 new restricted stock units, and a 46,750-share cash settlement to cover tax obligations, all on May 15, 2026.
Were the BW insider transactions by Naomi Boness open-market buys or sells?
The reported BW transactions were not open-market trades. They involved exercise or conversion of derivative securities, a cash settlement of 46,750 RSU-equivalent shares for tax payments, and a grant of 8,725 restricted stock units as compensation.
What restricted stock unit grants did Naomi Boness receive from Babcock & Wilcox (BW)?
Naomi Boness received a grant of 8,725 restricted stock units tied to BW common stock. These units were issued under the Amended and Restated 2021 Long-Term Incentive Plan as a contingent right to receive one share of common stock per unit upon vesting.
When will Naomi Boness’s new BW restricted stock units vest?
The new BW restricted stock units held by Naomi Boness are scheduled to vest on May 15, 2026 and May 15, 2027, or on the date of the next annual shareholder meeting in each respective year, whichever occurs earlier, according to the award terms.