BWXT director granted dividend equivalent rights
JASKA JAMES M reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
JASKA JAMES M reported acquisition or exercise transactions in this Form 4 filing.
BWX Technologies director James M. Jaska received a grant of dividend equivalent rights tied to existing deferred restricted stock units. On the transaction date, he was awarded 23.95 dividend equivalent rights at a price of $0.00 per right, increasing his total to 1,110.39 such rights. Each dividend equivalent right and related restricted stock unit represents a contingent right to receive one share of BWX common stock, delivered in proportion to the underlying RSUs according to his deferral election. This filing reflects routine equity-based compensation rather than an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 23.95 | $0.00 | $0.00 |
Footnotes (1)
- F1. The dividend equivalent rights accrued on eight restricted stock unit grants 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
FAQ
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What insider transaction did BWX Technologies (BWXT) director James Jaska report?
What are dividend equivalent rights in the BWXT Form 4 filing?
How many dividend equivalent rights does the BWXT director hold after this grant?
Was there any open-market buying or selling of BWXT stock in this Form 4?
How are the BWXT dividend equivalent rights linked to restricted stock units?
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