BWX Technologies (BWXT) director adds dividend equivalent rights on deferred RSUs

Rhea-AI Filing Summary

Melvin Leland D reported acquisition or exercise transactions in this Form 4 filing.

BWX Technologies director Melvin Leland D received a grant of 13.06 Dividend Equivalent Rights tied to previously awarded restricted stock units. Each right represents a contingent claim on one share of BWXT common stock and will be delivered on the same deferred schedule as the related RSUs, bringing his total such rights to 228.4.

Insights

Equity compensation analyst

Routine, small equity-based compensation accrual with no open-market trading.

The filing shows Melvin Leland D, a director of BWX Technologies, received 13.06 Dividend Equivalent Rights linked to deferred restricted stock units. These rights mirror dividends on BWXT shares and convert into common stock on a one-for-one basis when the underlying RSUs are delivered.

The footnote explains the director has elected to defer receipt of the RSU shares, so the DERs will also be delivered proportionately over that same timeline. Total Dividend Equivalent Rights after this grant are 228.4, underscoring the modest size. No shares were bought or sold in the market, making this a standard, low-signal compensation-related update.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Melvin Leland D

Role null

Type	Security	Shares	Price	Value
Grant/Award	Dividend Equivalent Rights	13.06	$0.00	--

Holdings After Transaction: Dividend Equivalent Rights — 228.4 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Dividend Equivalent Rights granted: 13.06 rights Total Dividend Equivalent Rights after grant: 228.4 rights Transaction price per right: $0.0000 +1 more

4 metrics

Dividend Equivalent Rights granted 13.06 rights Grant to director on restricted stock units

Total Dividend Equivalent Rights after grant 228.4 rights Holdings following transaction

Transaction price per right $0.0000 Non-cash equity award

Underlying common stock per DER 1 share per right Each RSU and DER equals one BWXT share

Key Terms

Dividend Equivalent Rights, restricted stock unit, contingent right, deferral election

4 terms

Dividend Equivalent Rights financial

"The dividend equivalent rights accrued on five restricted stock unit grants"

Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.

restricted stock unit financial

"The dividend equivalent rights accrued on five restricted stock unit grants"

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

contingent right financial

"Each RSU and DER represent a contingent right to receive one share"

deferral election financial

"In accordance with the deferral election, the DERs will be delivered"

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Form 4 Insider Transactions: What Each Field Means →

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
Estimated average burden
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^*

Melvin Leland D

(Last) (First) (Middle)

800 MAIN STREET

4TH FLOOR

(Street)

LYNCHBURG VIRGINIA 24504

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)	06/05/2026		A		13.06		(1)	(1)	Common Stock	13.06	$0	228.4	D

Explanation of Responses:

1. The dividend equivalent rights accrued on five 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.

	/s/ Leland D. Melvin, by Alexander D. Cobey, attorney-in-fact	06/09/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did BWX Technologies (BWXT) disclose for Melvin Leland D?

BWX Technologies reported that director Melvin Leland D received a grant of 13.06 Dividend Equivalent Rights on deferred restricted stock units. These rights track dividends on BWXT shares and convert into common stock alongside the underlying RSUs according to his existing deferral election.

What are Dividend Equivalent Rights in the BWXT Form 4 filing?

In this filing, Dividend Equivalent Rights (DERs) are contingent rights to receive BWXT common stock that accrue on restricted stock units. Each RSU and each DER represents a right to receive one share of BWX Technologies common stock when the deferred RSUs are ultimately delivered.

How many Dividend Equivalent Rights does the BWXT director hold after this transaction?

After this grant, director Melvin Leland D holds a total of 228.4 Dividend Equivalent Rights. These all relate to five existing restricted stock unit grants for which he elected to defer settlement, and they will be delivered proportionately with those deferred RSUs over time.

Does the BWXT Form 4 show any open-market buying or selling of shares?

This Form 4 does not report any open-market purchases or sales. It reflects an acquisition coded “A” for 13.06 Dividend Equivalent Rights as part of the director’s equity compensation, with no change in ownership from trading BWXT common stock in the market.

How do the Dividend Equivalent Rights relate to the director’s deferred RSUs at BWXT?

The filing states the DERs accrued on five restricted stock unit grants for which the director elected to defer receipt of the underlying shares. The DERs will be delivered to him proportionately with those RSUs, matching the deferral schedule rather than paying out immediately.