BWXT Form 144 — 600 Common Shares to Be Sold via Wells Fargo
Rhea-AI Filing Summary
BWX Technologies (BWXT) submitted a Form 144 reporting a proposed sale of 600 common shares through Wells Fargo Clearing Services on the NYSE with an aggregate market value of $105,668.49. The filing lists 91,398,740 shares outstanding and gives an approximate sale date of 08/11/2025.
The securities were acquired as compensation from the issuer on 08/08/2019. The form states there were no securities sold in the past three months by the reporting person and includes the standard representation that the filer is not aware of undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine small insider sale; immaterial to company valuation given the size of the block relative to outstanding shares.
The filing discloses a planned sale of 600 common shares valued at $105,668.49 with an approximate sale date of 08/11/2025. Against the disclosed 91,398,740 shares outstanding, the proposed sale represents an extremely small ownership transfer (well under 0.01%). There are no reported sales in the prior three months, and the shares were acquired as compensation on 08/08/2019. From a market-impact perspective, the disclosed transaction is unlikely to be material.
TL;DR: Form 144 contains the required disclosure elements—broker, number of shares, acquisition details—and follows standard certification language.
The notice names the broker (Wells Fargo Clearing Services), specifies the class and quantity of securities (600 common shares), provides acquisition details (compensation on 08/08/2019), and states the filer is unaware of undisclosed material adverse information. The form also indicates no related sales in the past three months. Procedurally, the filing appears complete for a Rule 144 notice and raises no governance red flags based on the information provided.