BWX Technologies (NYSE: BWXT) awards RSUs and stock options to executive

Rhea-AI Filing Summary

BWX Technologies, Inc. executive Joseph Kirwan Miller, President of Government Operations, received new equity-based compensation. He was granted 960 Restricted Stock Units and 2,817 employee stock options. The RSUs and options were awarded at a price of $0.00 per unit as part of his compensation.

The RSUs vest in three equal annual installments beginning on February 25, 2027. The stock options also vest in three equal annual installments starting on February 25, 2027 and will expire on February 25, 2036 if not exercised. All awards are held as direct ownership.

Insights

Equity Compensation Analyst

Routine equity grants increase executive incentives without signaling trading activity.

The filing shows Joseph Kirwan Miller receiving 960 RSUs and 2,817 stock options at $0.00 per unit, typical of long-term incentive awards rather than open-market transactions. Both instruments vest in three annual installments beginning on February 25, 2027.

The options expire on February 25, 2036, creating a long-dated incentive horizon tied to future share performance. Since there are no reported sales or disposals, the information mainly updates Miller’s equity holdings and does not, by itself, indicate a change in insider sentiment.

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

OMB Number:			3235-0287
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hours per response:			0.5

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^*

Miller Joseph Kirwan

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Pres., Government Operations

3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026

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
Restricted Stock Units	$0	02/25/2026		A		960		(1)	(1)	Common Stock	960	$0	960	D
Employee Stock Option (right to buy)	$208.27	02/25/2026		A		2,817		(2)	(2)	Common Stock	2,817	$0	2,817	D

Explanation of Responses:

1. RSUs vest in three equal annual installments beginning February 25, 2027.

2. Stock Options vest in three equal annual installments beginning February 25, 2027. Stock Options expire February 25, 2036.

Remarks:

	/s/ Joseph K. Miller by Theresa B. Taylor, attorney-in-fact	02/27/2026
	** 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 equity awards did BWXT executive Joseph Kirwan Miller receive on this Form 4?

Joseph Kirwan Miller received a grant of 960 Restricted Stock Units and 2,817 employee stock options. Both awards were recorded at a grant price of $0.00 per unit as part of his compensation package, increasing his direct derivative holdings.

How do the new RSUs for BWXT’s Joseph Kirwan Miller vest?

The 960 Restricted Stock Units granted to Joseph Kirwan Miller vest in three equal annual installments starting on February 25, 2027. This structure spreads the award over several years, encouraging continued service and alignment with BWX Technologies’ long-term performance.

What are the vesting terms of the new BWXT stock options reported for Joseph Kirwan Miller?

The 2,817 employee stock options granted to Joseph Kirwan Miller vest in three equal annual installments, beginning on February 25, 2027. This gradual vesting schedule links his potential upside to multi-year value creation at BWX Technologies, Inc.

When do Joseph Kirwan Miller’s newly granted BWXT stock options expire?

The Form 4 states that Miller’s 2,817 stock options expire on February 25, 2036. If the options are not exercised by that date, they become worthless, reinforcing a long-term time frame for realizing any value from this compensation grant.

Does this BWXT Form 4 show Joseph Kirwan Miller buying or selling shares on the market?

No open-market buys or sells are reported; the Form 4 reflects grant or award acquisitions only. The transactions are coded “A” and described as grants of RSUs and options, indicating compensation awards rather than discretionary trading activity by Miller.

How many derivative securities does Joseph Kirwan Miller hold after these BWXT grants?

Following the grants, Miller holds 960 Restricted Stock Units and 2,817 stock options as reported derivative positions. These figures represent his direct ownership of the newly awarded instruments, updated in the Form 4 after the February 25, 2026 grants.