BWX Technologies, Inc. Insider Trading Activity
Melvin Leland D reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Melvin Leland D reported acquisition or exercise transactions in this Form 4 filing.
BWX Technologies, Inc. director Melvin Leland received a grant of 10.95 Dividend Equivalent Rights (DERs) linked to existing restricted stock units. Following this grant, he holds 215.34 DERs directly. Each RSU and DER is a contingent right to receive one share of BWXT common stock, and, under his deferral election, the DERs will be delivered proportionately when the related RSUs are ultimately settled.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 10.95 | $0.00 | $0.00 |
Footnotes (1)
- F1. The dividend equivalent rights accrued on four 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BWXT director Melvin Leland report?
How many Dividend Equivalent Rights does Melvin Leland hold after this BWXT Form 4?
What are Dividend Equivalent Rights in the BWXT Form 4 filing?
Are Melvin Leland’s BWXT Dividend Equivalent Rights an open-market stock purchase?
How are BWXT Dividend Equivalent Rights delivered to Melvin Leland?
AI-generated analysis. How Rhea-AI works. Not financial advice.