[Form 4] BWX Technologies, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Insider Form 4 summary for BWXT

Director Leland D. Melvin (reported as "Melvin Leland D") reported a transaction dated 09/05/2025 reflecting the acquisition of 12.51 dividend equivalent rights (DERs) tied to four restricted stock unit (RSU) grants. Each DER and each RSU represent a contingent right to one share of BWXT common stock and, per Mr. Melvin's deferral election, the DERs will be delivered proportionately with the underlying RSUs. After this reported transaction the filing shows 192.97 shares beneficially owned in direct form. The Form 4 was signed by an attorney-in-fact on 09/08/2025.

Insights

Financial Analyst

TL;DR: Director received 12.51 dividend equivalent rights tied to deferred RSUs, modestly increasing direct beneficial ownership to 192.97 shares.

The filing documents a nondiscretionary accrual of 12.51 DERs associated with four RSU awards for Leland D. Melvin. These DERs are contingent rights to common shares and will be delivered in proportion to the related RSUs under a previously elected deferral arrangement. The transaction is recorded as an acquisition on 09/05/2025 and the amount held directly after the transaction is 192.97 shares. This is a routine disclosure of compensation-related equity accrual rather than an open-market purchase or sale.

Corporate Governance Expert

TL;DR: Routine insider reporting of deferred equity; no governance red flags or leadership changes disclosed.

The Form 4 indicates standard reporting practice for a director deferring RSU receipt and receiving associated dividend equivalent rights. The explanatory note clarifies the DERs correspond one-for-one with RSUs and will be delivered proportionally. Signature by an attorney-in-fact is noted, dated 09/08/2025. The disclosure is procedural and informative for shareholder transparency but does not reflect a change in director status or compensation policy within this filing.

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

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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^*

Melvin Leland D

(Last) (First) (Middle)

800 MAIN STREET

(Street)

LYNCHBURG VA 24504

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
09/05/2025

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

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

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

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)	09/05/2025		A		12.51		(1)	(1)	Common Stock	12.51	$0	192.97	D

Explanation of Responses:

1. The dividend equivalent rights accrued on four 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.

Remarks:

	/s/ Leland D. Melvin, by Theresa B. Taylor, attorney-in-fact	09/08/2025
	** 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.

FAQ

What did BWXT director Leland D. Melvin report on Form 4 (BWXT)?

He reported the acquisition of 12.51 dividend equivalent rights (DERs) tied to four deferred RSU grants, recorded on 09/05/2025.

How many shares does Leland D. Melvin beneficially own after the transaction?

The Form 4 shows 192.97 shares beneficially owned in direct form following the reported transaction.

What do the dividend equivalent rights (DERs) represent in this filing?

The filing states each DER and each RSU represent a contingent right to receive one share of BWXT common stock, delivered proportionately under the deferral election.

When was the Form 4 signed and who signed it?

The Form 4 was signed by "/s/ Leland D. Melvin, by Theresa B. Taylor, attorney-in-fact" on 09/08/2025.

Was this transaction an open-market purchase or compensation-related accrual?

The transaction is a compensation-related accrual of dividend equivalent rights tied to deferred RSUs, not an open-market trade.