BWX Technologies director granted dividend rights
BWX Technologies, Inc. director Daniel L. Jablonsky received an automatic grant of 0.160 dividend equivalent rights tied to a previously awarded restricted stock unit grant.
Sentiment and the balance of points
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Rhea-AI Filing Summary
BWX Technologies, Inc. director Daniel L. Jablonsky received an automatic grant of 0.160 dividend equivalent rights tied to a previously awarded restricted stock unit grant. Each dividend equivalent right and related RSU represents a contingent right to receive one share of BWX Technologies common stock.
According to the deferral election, both the RSUs and the associated dividend equivalent rights will be delivered to Jablonsky proportionately over time, matching the delivery schedule of the underlying RSUs. This is a small, compensation-related, non-cash acquisition rather than an open-market trade.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 0.16 | $0.00 | $0.00 |
Footnotes (1)
- F1. The dividend equivalent rights accrued on one restricted stock unit grant of which the reporting person has elected to defer receipt of the shares underlying the RSUs. Each RSU and DER represent a contingent right to receive one share of BWXT common stock. In accordance with the deferral election, the DERs will be delivered to the reporting person proportionately with the RSUs to which they relate.
Key Figures
Key Terms
Dividend Equivalent Rights financial
restricted stock unit financial
deferral election financial
contingent right financial
FAQ
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What did BWXT director Daniel L. Jablonsky report in this Form 4 for BWXT?
How many dividend equivalent rights did Daniel L. Jablonsky acquire in BWXT stock?
Are the BWXT dividend equivalent rights reported by Jablonsky an actual stock purchase?
How are Daniel L. Jablonsky’s BWXT dividend equivalent rights delivered to him?
What does each BWXT dividend equivalent right reported by Jablonsky represent?
AI-generated analysis. How Rhea-AI works. Not financial advice.