BWX Technologies (BWXT) VP & CAO granted RSUs and long-term stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fitzgerald Michael Thomas reported acquisition or exercise transactions in this Form 4 filing.
BWX Technologies, Inc. Vice President and Chief Accounting Officer Michael Thomas Fitzgerald reported equity awards consisting of 1,200 restricted stock units and 3,522 employee stock options. The RSUs vest in three equal annual installments beginning February 26, 2027. The stock options vest in three equal annual installments beginning February 25, 2027 and expire on February 25, 2036.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Fitzgerald Michael Thomas
Role
VP & Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,200 | $0.00 | -- |
| Grant/Award | Employee Stock Option (right to buy) | 3,522 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 1,200 shares (Direct);
Employee Stock Option (right to buy) — 3,522 shares (Direct)
Footnotes (1)
- RSUs vest in three equal annual installments beginning February 26, 2027. Stock Options vest in three equal annual installments beginning February 25, 2027. Sock Options expire February 25, 2036.
FAQ
What insider transactions did BWXT officer Michael Thomas Fitzgerald report?
Michael Thomas Fitzgerald reported acquiring 1,200 restricted stock units and 3,522 employee stock options. These awards are part of his equity compensation and were granted at no stated exercise price in the filing, with multi-year vesting schedules attached.
How do the BWXT restricted stock units granted to Michael Thomas Fitzgerald vest?
The 1,200 restricted stock units vest in three equal annual installments beginning February 26, 2027. This means one-third of the units becomes deliverable each year over three years, assuming any service or other conditions in the award are satisfied.
What are the vesting terms of the BWXT stock options granted to Michael Thomas Fitzgerald?
The 3,522 employee stock options vest in three equal annual installments beginning February 25, 2027. One-third of the options becomes exercisable each year over three years, subject to the award conditions described in the underlying plan and grant documents.
When do Michael Thomas Fitzgerald’s BWXT stock options expire?
The employee stock options granted to Michael Thomas Fitzgerald expire on February 25, 2036. After that date, any unexercised options will lapse, so the exercisable portion must be used before the expiration if he chooses to exercise them.
What role does Michael Thomas Fitzgerald hold at BWX Technologies (BWXT)?
Michael Thomas Fitzgerald is identified as Vice President and Chief Accounting Officer of BWX Technologies, Inc. The reported equity awards reflect compensation tied to this officer role, aligning part of his pay with the company’s long-term stock performance.