Director Kenneth Krieg receives 762 RSUs at BWX Technologies (BWXT)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BWX Technologies, Inc. director Kenneth J. Krieg reported compensation-related equity activity involving restricted stock units and common shares. He was granted 762 restricted stock units (RSUs) under the company's 2020 Omnibus Incentive Plan, with each RSU representing a contingent right to receive one share of BWXT common stock.
The filing shows 762 RSUs vesting immediately and converting into 762 shares of common stock, with no open-market purchases or sales. Following these transactions, Krieg directly holds 2,227 shares of BWXT common stock, reflecting routine director equity compensation rather than discretionary trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
762 shares exercised/converted
Mixed
3 txns
Insider
Krieg Kenneth J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 762 | $0.00 | -- |
| Exercise | Restricted Stock Units | 762 | $0.00 | -- |
| Exercise | Common Stock | 762 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 762 shares (Direct, null);
Common Stock — 2,227 shares (Direct, null)
Footnotes (1)
- Grant of restricted stock units pursuant to the 2020 Omnibus Incentive Plan of BWX Technologies, Inc. Each restricted stock unit represents a contingent right to receive one share of BWXT common stock. RSUs vested immediately.
Key Figures
RSUs granted: 762 units
RSUs exercised/converted: 762 units
Common shares received from RSUs: 762 shares
+3 more
6 metrics
RSUs granted
762 units
Restricted stock units granted under 2020 Omnibus Incentive Plan
RSUs exercised/converted
762 units
RSUs vested immediately and converted into common stock
Common shares received from RSUs
762 shares
Common stock issued upon RSU vesting
Total shares after transactions
2,227 shares
Director’s direct BWXT common stock holdings following Form 4 transactions
Derivative exercises reported
1 transaction
Exercise or conversion of derivative security (RSUs) in transaction summary
Acquire-type transactions
3 transactions
All reported transactions classified with acquire direction
Key Terms
Restricted Stock Units, 2020 Omnibus Incentive Plan, contingent right
3 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units" and footnote describing each unit as a contingent right"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2020 Omnibus Incentive Plan financial
"Grant of restricted stock units pursuant to the 2020 Omnibus Incentive Plan of BWX Technologies, Inc."
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of BWXT common stock."
FAQ
What insider activity did BWX Technologies (BWXT) report for Kenneth J. Krieg?
BWX Technologies reported that director Kenneth J. Krieg acquired equity through restricted stock units. He received 762 RSUs that vested immediately and converted into 762 shares of common stock, increasing his direct BWXT shareholdings as part of routine compensation.
How many restricted stock units did Kenneth J. Krieg receive from BWXT?
Kenneth J. Krieg received 762 restricted stock units from BWX Technologies. These RSUs were granted under the company’s 2020 Omnibus Incentive Plan and each unit represents a contingent right to receive one share of BWXT common stock upon vesting and settlement.
Did the restricted stock units for BWXT’s Kenneth J. Krieg vest immediately?
Yes, the restricted stock units granted to Kenneth J. Krieg vested immediately. According to the footnotes, the 762 RSUs converted right away into 762 shares of BWXT common stock, reflecting an instant vesting and settlement structure for this director equity award.
Was Kenneth J. Krieg’s BWXT Form 4 an open-market trade or compensation grant?
The Form 4 reflects a compensation grant, not an open-market trade. Kenneth J. Krieg received 762 restricted stock units under BWX Technologies’ 2020 Omnibus Incentive Plan, which vested immediately and converted into common shares as part of his director equity compensation.
Under which plan were Kenneth J. Krieg’s BWXT restricted stock units granted?
Kenneth J. Krieg’s restricted stock units were granted under the 2020 Omnibus Incentive Plan of BWX Technologies, Inc. This plan authorizes equity awards such as RSUs, each providing a contingent right to receive one share of BWXT common stock upon vesting and settlement.