BWX Technologies (BWXT) director Kenneth J. Krieg adds 29.22 dividend equivalent rights

Rhea-AI Filing Summary

BWX Technologies, Inc. director Kenneth J. Krieg reported an acquisition of dividend equivalent rights tied to his existing equity awards. On 12/10/2025, he received 29.22 dividend equivalent rights associated with nine restricted stock unit (RSU) grants, with each right representing a contingent claim to one share of BWXT common stock at a price of $0 per right. Following this transaction, he beneficially owned 1,392.2 derivative securities directly. The filing notes that Krieg has elected to defer receipt of the RSU shares, and the related dividend equivalent rights will be delivered proportionately when those RSUs are ultimately settled in BWXT common stock.

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

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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^*

Krieg Kenneth J

(Last) (First) (Middle)

800 MAIN STREET

4TH FLOOR

(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)
12/10/2025

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)	12/10/2025		A		29.22		(1)	(1)	Common Stock	29.22	$0	1,392.2	D

Explanation of Responses:

1. The dividend equivalent rights accrued on nine 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/ Kenneth J. Krieg, by Theresa B. Taylor, attorney-in-fact	12/12/2025
	** 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 insider transaction did BWX Technologies (BWXT) disclose in this Form 4?

The company disclosed that director Kenneth J. Krieg acquired 29.22 dividend equivalent rights on 12/10/2025 tied to his existing restricted stock unit grants.

What are the dividend equivalent rights reported for BWXT director Kenneth J. Krieg?

The filing states that each dividend equivalent right (DER) and each RSU represents a contingent right to receive one share of BWXT common stock, delivered in line with the related RSUs.

How many derivative securities does Kenneth J. Krieg own after this BWXT transaction?

After the reported transaction, Kenneth J. Krieg beneficially owned 1,392.2 derivative securities related to BWX Technologies equity awards, held in direct ownership form.

What is the relationship of the reporting person to BWX Technologies (BWXT)?

The reporting person, Kenneth J. Krieg, is identified as a Director of BWX Technologies, Inc. on the Form 4.

How will the BWXT dividend equivalent rights be delivered to Kenneth J. Krieg?

The document explains that the dividend equivalent rights will be delivered to Kenneth J. Krieg proportionately with the RSUs to which they relate, in accordance with his deferral election.

Was the BWXT Form 4 filed for one or multiple reporting persons?

The Form 4 indicates it was filed by one reporting person, reflecting only the holdings and transactions of Kenneth J. Krieg.