BWX Technologies (BWXT) CEO logs RSU conversion and tax share withholding
Rhea-AI Filing Summary
BWX Technologies, Inc. President and CEO Rex D. Geveden reported equity award activity involving restricted stock units and common shares. On February 26, 2026, 3,718 restricted stock units were exercised or converted, increasing his directly held restricted stock units to 6,596.
The same day, these 3,718 units converted into 3,718 shares of common stock at a stated price of $0.0000 per share, raising his directly held common stock to 181,312 shares before any withholding. A further transaction disposed of 1,814 common shares at $208.2700 per share as a tax-withholding disposition, leaving him with 179,498 directly held common shares.
A footnote explains that 280 shares of common stock were withheld to pay taxes associated with retirement-eligibility for an award that partially vested on February 26, 2026, and that restricted stock units vest in three equal annual installments beginning that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,718 | $0.00 | -- |
| Exercise | Common Stock | 3,718 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,814 | $208.27 | $378K |
Footnotes (1)
- The reported transaction involved withholding of 280 shares of common stock converted to pay taxes associated with the retirement eligibility of the reporting person for the award partially vesting on February 26, 2026. Restricted stock units vest in three equal annual installments beginning February 26, 2026.