BWX Technologies (BWXT) officer converts RSUs and withholds stock for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BWX Technologies, Inc. vice president and chief accounting officer Michael Thomas Fitzgerald reported equity award activity involving restricted stock units and common shares. On February 27 and 28, 2026, he exercised restricted stock units into common stock at a stated price of $0.00 per share, reflecting conversions of previously granted awards rather than open‑market purchases.
Across the two days, he acquired common shares through these conversions and then disposed of 86 shares at $205.98 per share and 1,225 shares at $207.24 per share to satisfy tax obligations related to the vesting and exercises. Following these transactions, he directly owned 5,676 shares of BWX Technologies common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,241 shares exercised/converted
Mixed
7 txns
Insider
Fitzgerald Michael Thomas
Role
VP & Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 215 | $0.00 | -- |
| Exercise | Common Stock | 215 | $0.00 | -- |
| Tax Withholding | Common Stock | 86 | $205.98 | $18K |
| Exercise | Restricted Stock Units | 243 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,783 | $0.00 | -- |
| Exercise | Common Stock | 3,026 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,225 | $207.24 | $254K |
Holdings After Transaction:
Restricted Stock Units — 215 shares (Direct);
Common Stock — 5,762 shares (Direct)
Footnotes (1)
- RSUs vest in three equal annual installments beginning February 27, 2024. Represents performance restricted stock units ("PRSU") awarded on February 27, 2026 for the performance period January 1, 2023 through December 31, 2025 for which performance goals have been achieved and certified on February 18, 2026. Each PRSU represents the right to one share of the issuer's common stock. The PRSUs vested on February 27, 2026. RSUs vest in three equal annual installments beginning February 28, 2025.
FAQ
What insider transactions did BWXT executive Michael Thomas Fitzgerald report?
Michael Thomas Fitzgerald reported exercising restricted stock units into BWX Technologies common stock and disposing of shares to cover taxes. These were equity award conversions and tax-withholding transactions, not open-market buys or sells, and left him with direct ownership of 5,676 common shares.
What type of BWXT securities were involved in Fitzgerald’s Form 4 filing?
The filing shows activity in restricted stock units and BWX Technologies common stock. Restricted stock units were exercised or converted into common shares at a stated price of $0.00, reflecting vested equity awards that settled in stock, followed by related tax-withholding share dispositions.
Were Michael Thomas Fitzgerald’s BWXT transactions open-market purchases or sales?
The Form 4 transactions were not open-market trades. They involved exercises or conversions of restricted stock units into BWX Technologies common stock at $0.00 per share and share dispositions specifically designated for payment of tax liabilities associated with those equity awards.