BWX Technologies director granted 23.19 stock rights

BWXT director Gerhard F. Burbach reported a small additional grant of dividend equivalent rights linked to deferred RSUs.

Rhea-AI Filing Summary

BWX Technologies, Inc. (symbol: BWXT) is the issuer of record for a Form 4 filing submitted to the SEC. Burbach Gerhard F reported acquisition or exercise transactions in this Form 4 filing.

BWX Technologies, Inc. (BWXT) director Gerhard F. Burbach received an award of 23.19 Dividend Equivalent Rights (DERs) on September 4, 2026, tied to previously granted restricted stock units. After this grant, he holds 801.11 DERs directly. Each DER represents a contingent right to receive one share of BWXT common stock, delivered proportionately with the related RSUs.

Insider Trade Summary

Grant/Award: 23.19 shares

Grant/Award 1 txn

Insider Burbach Gerhard F

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Dividend Equivalent Rights F1	23.19	$0.00	$0.00

Holdings After Transaction: Dividend Equivalent Rights — 801.11 contracts (Direct)

Footnotes (1)

1. F1. The dividend equivalent rights accrued on seven 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

Dividend Equivalent Rights granted: 23.19 rights Dividend Equivalent Rights held after transaction: 801.11 rights Underlying common shares for new DERs: 23.19 shares +1 more

4 metrics

Dividend Equivalent Rights granted 23.19 rights Grant to Gerhard F. Burbach on September 4, 2026

Dividend Equivalent Rights held after transaction 801.11 rights Direct holdings of Gerhard F. Burbach after the grant

Underlying common shares for new DERs 23.19 shares Each DER corresponds to one share of BWXT common stock

Transaction price per right $0.00 per right Reported grant price for the 23.19 Dividend Equivalent Rights

Key Terms

Dividend Equivalent Rights, restricted stock unit, contingent right, deferral election

4 terms

Dividend Equivalent Rights financial

"The dividend equivalent rights accrued on seven restricted stock unit grants"

Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.

restricted stock unit financial

"The dividend equivalent rights accrued on seven restricted stock unit grants"

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

contingent right financial

"Each RSU and DER represent a contingent right to receive one share"

deferral election financial

"In accordance with the deferral election, the DERs will be delivered"

FAQ

What insider transaction did BWXT director Gerhard F. Burbach report on this Form 4?

He reported an acquisition of 23.19 Dividend Equivalent Rights on September 4, 2026, as a grant or award. These rights are tied to previously granted restricted stock units and are reported as a derivative security linked to BWX Technologies, Inc. common stock.

How many Dividend Equivalent Rights does BWXT director Burbach hold after this transaction?

After the reported grant, Gerhard F. Burbach holds 801.11 Dividend Equivalent Rights directly. Each DER represents a contingent right to receive one share of BWX Technologies, Inc. common stock, delivered in proportion to the related restricted stock units.

What do the Dividend Equivalent Rights reported for BWXT (BWXT) represent?

Each Dividend Equivalent Right and each related RSU represent a contingent right to receive one share of BWXT common stock. The DERs accrued on seven restricted stock unit grants for which Burbach has elected to defer receipt of the underlying shares.

Are the Dividend Equivalent Rights for BWXT delivered at the same time as the RSUs?

Yes. According to the disclosure, the Dividend Equivalent Rights will be delivered proportionately with the restricted stock units to which they relate, in line with Burbach’s deferral election on those RSU grants.

Was this BWXT Form 4 transaction made under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not affirmed, and there is no footnote indicating that the reported grant of Dividend Equivalent Rights was executed under a Rule 10b5-1 or other pre-arranged trading plan.

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Available on EDGAR 09/08/2026 - 04:22 PM Accepted by SEC EDGAR 09/08/2026 - 04:21 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Burbach Gerhard F

(Last) (First) (Middle)

1720 MT. ATHOS ROAD

(Street)

LYNCHBURG VIRGINIA 24504

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BWX Technologies, Inc. [ BWXT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/04/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Dividend Equivalent Rights	(1)	09/04/2026		A		23.19		(1)	(1)	Common Stock	23.19	$0	801.11	D

Explanation of Responses:

1. The dividend equivalent rights accrued on seven 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.

	/s/ Gerhard F. Burbach, by Alexander D. Cobey, attorney-in-fact	09/08/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)