Insider Sale: BWXT CEO Disposes ~25,000 Shares at Weighted Avg ~$179
Rhea-AI Filing Summary
Rex D. Geveden, President and CEO and a director of BWX Technologies, reported sales of company common stock on 08/06/2025. The filing lists a sale of 24,468 shares at a weighted average price of $178.989 and a sale of 532 shares at a weighted average price of $179.6898. Following the reported transactions the Form 4 shows beneficial ownership amounts of 198,126 and 197,594 shares on the two reporting lines.
The filing includes explanatory notes that the weighted average prices reflect execution across price ranges and states that the report was signed by the reporting person through an attorney-in-fact. All amounts above are taken directly from the Form 4 content.
Positive
- Continued ownership: Reporting person retains a significant beneficial stake (~197k–198k shares) after the reported sales.
Negative
- Insider sales reported: On 08/06/2025 the CEO sold 24,468 shares at a weighted average of $178.989 and 532 shares at a weighted average of $179.6898.
- Execution across ranges: The Form 4 notes the weighted averages reflect sales executed across price ranges ($178.5450–$179.5400 and $179.5500–$179.7500).
Insights
TL;DR: The CEO executed modest insider sales totaling 24,468 and 532 shares; substantial beneficial ownership remains.
The Form 4 documents two sales by Rex D. Geveden on 08/06/2025 for a combined 25,000 shares at weighted average prices near $179. The report shows continuing beneficial ownership near 198k shares, indicating the reporting person still holds a material stake. The sales are reported with weighted-average pricing and explanatory ranges, showing the trades were executed across multiple price points rather than at a single fixed price.
TL;DR: Insider sale is disclosed cleanly on Form 4; signature via attorney-in-fact is noted.
The disclosure is procedurally complete: it identifies the reporting person as President and CEO and Director, lists transaction codes for open-market sales, provides post-transaction beneficial ownership figures, and includes explanatory notes on weighted-average pricing ranges. The report is signed by the reporting person through an attorney-in-fact, which is a standard execution detail. The filing does not include any additional context about the rationale for the sales.