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Dan Jablonsky joins BWXT (NYSE: BWXT) board and audit committee

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8-K

Rhea-AI Filing Summary

BWX Technologies, Inc. expanded its Board of Directors from nine to ten members and appointed Dan Jablonsky as a director effective March 2, 2026, with an initial term running until the 2026 annual shareholder meeting.

Jablonsky will receive compensation under BWXT’s standard non-employee director program, which the Board previously amended to provide an annual equity award of $165,000 for all non-employee directors. He will serve on the Audit and Finance Committee, and the Board determined he qualifies as an SEC-defined “audit committee financial expert” and is independent under New York Stock Exchange listing standards.

The company notes he has no related-party interests requiring disclosure and no appointment arrangements with other parties. BWXT highlights his leadership experience in space and defense, including prior CEO roles at Ursa Major and Maxar Technologies, and emphasizes his strategic fit as the company pursues growth in space and defense markets.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

______________________________________________________________________________

 

FORM 8-K

______________________________________________________________________________

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): February 18, 2026

 

BWX TECHNOLOGIES, INC.

(Exact name of registrant as specified in its charter)

_____________________________________________________________________________

 

Delaware 001-34658 80-0558025
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)

 

800 Main Street, 4th Floor    
Lynchburg, Virginia   24504
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (980365-4300

____________________________________________________________________________

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which
registered
Common Stock, $0.01 par value BWXT New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.    ¨

 

 

 

 

 

 

Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On February 18, 2026, the Board of Directors (the "Board") of BWX Technologies, Inc. (the "Company") increased the size of the Board from nine to ten directors and appointed Daniel L. Jablonsky to the Board effective as of March 2, 2026 and with an initial term expiring at the Company's annual meeting of shareholders in 2026. Mr. Jablonsky will participate in the current director compensation arrangements applicable to the Company's non-employee directors which are set forth under “Compensation of Directors” in the Company's definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission (“SEC”) on March 19, 2025 (the "2025 Proxy Statement") and which the Board amended to increase the annual equity award to $165,000 for all non-employee directors in May 2025. The Board appointed Mr. Jablonsky to the Audit and Finance Committee and determined that Mr. Jablonsky satisfies the SEC's definition of an "audit committee financial expert." In addition, Mr. Jablonsky entered into the Company's standard form of director and officer indemnification agreement, which is described under "Certain Relationships and Related Transactions" in our 2025 Proxy Statement.

 

The Board of Directors made an affirmative determination that Mr. Jablonsky is an independent director under the New York Stock Exchange Listing Standards. Mr. Jablonsky does not have an interest in any transactions requiring disclosure under Item 404(a) of Regulation S-K, and there are no arrangements or understandings between him and any other person pursuant to which he was appointed as a director.

 

A copy of the press release announcing Mr. Jablonsky’s appointment to the Board is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein in its entirety.

 

Item 9.01Financial Statements and Exhibits.

 

Exhibit No.   Description
99.1   Press release dated February 20, 2026.
     
104   Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  BWX TECHNOLOGIES, INC.
     
  By: /s/ Toby W. Smith
    Toby W. Smith
    Senior Vice President, General Counsel and Secretary

 

February 20, 2026

 

 

 

 

Exhibit 99.1

 

 

 

BWXT Appoints Dan Jablonsky to Board of Directors

 

(MELBOURNE, Fla. – Feb. 20, 2026) BWX Technologies, Inc. (NYSE: BWXT) announced today that Dan Jablonsky has been appointed to its board of directors effective March 2, 2026. He will also serve on the board’s audit and finance committee.

 

Jablonsky most recently served as chief executive officer and chairman of Ursa Major, a leading provider of advanced propulsion systems for space and defense applications. He has held senior leadership roles in the aerospace and defense industry for more than a decade. Prior to Ursa Major, Jablonsky served as president and chief executive officer of Maxar Technologies, where he led the NYSE-listed company through a comprehensive turnaround and growth strategy, culminating in a $6.4 billion take-private acquisition by Advent International. Prior to that, he was general counsel and then president of DigitalGlobe. Jablonsky began his career as a surface warfare officer and nuclear engineer in the U.S. Navy before transitioning to law practice.

 

“We are excited to welcome Dan to BWXT’s board,” said Jan Bertsch, chair of BWXT’s board of directors. “His deep expertise in space technologies, combined with his perspective as an active CEO leading a high-growth aerospace company, will provide valuable insight as BWXT accelerates its growth in the space and defense sectors.”

 

Jablonsky holds a bachelor’s degree in mechanical engineering from the United States Naval Academy, graduated from the Navy Nuclear Power School and earned a Juris Doctor from the University of Washington School of Law.

 


About BWXT

 

At BWX Technologies, Inc. (NYSE: BWXT), we are People Strong, Innovation Driven. A U.S.-based company with approximately 10,000 employees, BWXT is a Fortune 1000 and Defense News Top 100 manufacturing and engineering innovator that provides safe and effective nuclear solutions for global security, clean energy, nuclear medicine, space exploration and environmental restoration. BWXT owns and operates 17 manufacturing facilities globally, and its 14 strategic partnerships support the U.S. and Canadian governments at more than two dozen additional locations.

 

For more information, visit www.bwxt.com. Follow us on LinkedIn, X, Facebook and Instagram.

 

###

 

Media Contact

John Dobken

Senior Manager, Media & Public Relations

202.428.6913

jcdobken@bwxt.com

 

Investor Contact

Chase Jacobson

Vice President, Investor Relations

980.365.4300 

investors@bwxt.com

 

 

 

FAQ

What board change did BWX Technologies (BWXT) disclose in this Form 8-K?

BWX Technologies expanded its board from nine to ten members and appointed Dan Jablonsky as a director effective March 2, 2026. His initial term will run until the company’s 2026 annual shareholder meeting, adding additional leadership depth and governance capacity.

What committees will Dan Jablonsky serve on at BWX Technologies (BWXT)?

Dan Jablonsky will serve on BWX Technologies’ Audit and Finance Committee. The Board determined he meets the SEC definition of an “audit committee financial expert,” strengthening the committee’s financial oversight capabilities and bringing additional experience relevant to BWXT’s space and defense-oriented growth strategy.

How will BWX Technologies (BWXT) compensate Dan Jablonsky as a director?

Dan Jablonsky will participate in BWXT’s standard non-employee director compensation program. The Board previously amended this program to provide an annual equity award of $165,000 for all non-employee directors, aligning director incentives with long-term shareholder interests through equity-based compensation.

Is Dan Jablonsky considered independent under NYSE rules at BWX Technologies (BWXT)?

Yes, BWX Technologies’ Board determined that Dan Jablonsky is an independent director under New York Stock Exchange listing standards. The company also stated he has no interests in related-party transactions requiring disclosure under Item 404(a) of Regulation S-K in this context.

What prior experience does Dan Jablonsky bring to the BWX Technologies (BWXT) board?

Dan Jablonsky previously served as CEO and chairman of Ursa Major and as president and CEO of Maxar Technologies. At Maxar he led a turnaround and growth strategy culminating in a $6.4 billion take-private acquisition by Advent International, plus earlier leadership at DigitalGlobe.

How does BWX Technologies (BWXT) describe its business in this disclosure?

BWX Technologies describes itself as a U.S.-based Fortune 1000 manufacturing and engineering innovator with about 10,000 employees. It focuses on nuclear solutions for global security, clean energy, nuclear medicine, space exploration and environmental restoration, operating 17 manufacturing facilities and 14 strategic partnerships globally.

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