[Form 3] BWX Technologies, Inc. Initial Statement of Beneficial Ownership
Gonzalo R. Cajade, SVP and Chief Human Resources Officer of BWX Technologies (BWXT), reported initial beneficial ownership on Form 3. He directly owns 170 shares of common stock and holds equity awards including 996 restricted stock units (RSUs) and stock options covering 3,369 shares.
The RSUs and options vest in three equal annual installments beginning July 1, 2026. The reported stock options carry a $140.37 exercise price and expire on July 1, 2035. All holdings are reported as direct ownership.
- Direct ownership disclosed: 170 common shares reported
 - Equity awards disclosed: 996 RSUs and options for 3,369 shares, providing multi-year alignment
 - Clear vesting and exercise terms: RSUs/options vest in three equal annual installments beginning July 1, 2026; options expire July 1, 2035 with $140.37 exercise price
 
- None.
 
Insights
TL;DR: Routine insider Form 3 showing small direct share ownership plus time‑vested equity awards.
The filing discloses modest direct holdings (170 shares) alongside equity compensation: 996 RSUs and options for 3,369 shares with a $140.37 strike. Vesting in three equal annual installments from 07/01/2026 indicates alignment of executive incentives with multi‑year retention rather than immediate market impact. This is a standard initial beneficial ownership disclosure and is informational for transparency.
TL;DR: Governance disclosure is complete and routine; grants vest over time, supporting retention objectives.
The Form 3 clearly identifies the reporting person as SVP and Chief Human Resources Officer and lists direct ownership and derivative awards. The three‑year vesting schedule beginning July 1, 2026 and explicit option expiry (07/01/2035) are standard award terms. From a governance perspective, the filing meets Section 16 transparency requirements and shows no unusual arrangements.