BWX Technologies (NYSE: BWXT) officer reports RSU conversion and tax share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BWX Technologies, Inc. VP & Chief Accounting Officer Michael Thomas Fitzgerald reported equity compensation activity involving restricted stock units and common shares. He exercised or converted 234 restricted stock units into 234 shares of common stock at $0.0000 per share on February 26, 2026, increasing his direct common stock holdings to 3,852 shares.
To cover tax obligations, 106 common shares were disposed of through a tax-withholding transaction at $208.2700 per share, leaving him with 3,746 directly held common shares. Following the derivative transaction, he also directly held 468 restricted stock units, which the footnote states will vest in three equal annual installments beginning February 26, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
234 shares exercised/converted
Mixed
3 txns
Insider
Fitzgerald Michael Thomas
Role
VP & Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 234 | $0.00 | -- |
| Exercise | Common Stock | 234 | $0.00 | -- |
| Tax Withholding | Common Stock | 106 | $208.27 | $22K |
Holdings After Transaction:
Restricted Stock Units — 468 shares (Direct);
Common Stock — 3,852 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did BWXT executive Michael Thomas Fitzgerald report?
Michael Thomas Fitzgerald reported exercising 234 restricted stock units into 234 BWXT common shares and a related tax-withholding disposition of 106 common shares. These transactions reflect equity compensation activity rather than open-market buying or selling of BWX Technologies, Inc. stock.
What was the nature of the tax-withholding transaction in BWXT stock?
The tax-withholding transaction used 106 BWX Technologies, Inc. common shares at $208.2700 per share to satisfy tax obligations. This disposition is classified as a payment of tax liability by delivering securities, not an open-market sale initiated for investment purposes.
How do the restricted stock units for BWXT’s executive vest over time?
The filing states that restricted stock units for the BWXT executive vest in three equal annual installments beginning February 26, 2026. This schedule means portions of the 468 RSUs will convert into common shares each year as vesting conditions are met.
Does this BWXT Form 4 indicate insider buying or selling in the market?
The Form 4 reflects an exercise or conversion of 234 restricted stock units into common shares and a 106-share tax-withholding disposition. It does not describe open-market purchases or sales, but rather routine equity compensation and related tax management activity.