BWX Technologies (BWXT) director receives 762 RSUs with deferred share delivery
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PIASECKI NICOLE WEYERHAEUSER reported acquisition or exercise transactions in this Form 4 filing.
BWX Technologies director Nicole Weyerhaeuser Piasecki received a grant of 762 restricted stock units (RSUs) linked to BWXT common stock as equity compensation. The RSUs vested immediately, but she elected to defer receipt of the underlying shares.
Under her deferral election, the vested shares will be delivered in five annual installments, starting one year after her service on the Board of Directors ends. Following this grant, she holds 762 RSUs directly, each representing a contingent right to receive one BWXT common share.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PIASECKI NICOLE WEYERHAEUSER
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 762 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 762 shares (Direct, null)
Footnotes (1)
- Grant of restricted stock units pursuant to the 2020 Omnibus Incentive Plan of BWX Technologies, Inc. Each restricted stock unit represents a contingent right to receive one share of BWXT common stock. RSUs vested immediately. The reporting person elected to defer receipt of shares underlying the RSUs. In accordance with her deferral election, vested shares will be delivered to the reporting person in five annual installments commencing one year after termination of service on the Board of Directors.
Key Figures
RSUs granted: 762 units
Total RSUs after grant: 762 units
RSU exercise price: $0.00 per unit
+1 more
4 metrics
RSUs granted
762 units
Restricted stock units granted on 2026-04-30
Total RSUs after grant
762 units
Direct holdings following transaction
RSU exercise price
$0.00 per unit
Grant/award acquisition, non-cash compensation
Installment deliveries
5 installments
Annual share deliveries after board service ends
Key Terms
Restricted Stock Units, 2020 Omnibus Incentive Plan, deferral election, contingent right
4 terms
Restricted Stock Units financial
"Grant of restricted stock units pursuant to the 2020 Omnibus Incentive Plan of BWX Technologies, Inc."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2020 Omnibus Incentive Plan financial
"Grant of restricted stock units pursuant to the 2020 Omnibus Incentive Plan of BWX Technologies, Inc."
deferral election financial
"The reporting person elected to defer receipt of shares underlying the RSUs."
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of BWXT common stock."
FAQ
What insider transaction did BWX Technologies (BWXT) report for Nicole Piasecki?
BWX Technologies reported that director Nicole Weyerhaeuser Piasecki received a grant of 762 restricted stock units. These RSUs are equity compensation and each unit represents a contingent right to receive one share of BWXT common stock in the future, subject to delivery terms.
How many restricted stock units did the BWXT director receive in this Form 4 filing?
The BWXT director received 762 restricted stock units in this transaction. Each RSU corresponds to one share of BWX Technologies common stock, providing equity-based compensation rather than a cash payment. The grant increased her directly held RSU balance to 762 units after the award.
Did the BWXT restricted stock units for Nicole Piasecki vest immediately?
Yes, the restricted stock units granted to Nicole Weyerhaeuser Piasecki vested immediately. Although the RSUs vested at once, she chose to defer receipt of the underlying BWXT shares, so the actual share delivery will occur under a scheduled installment plan after board service ends.
Is this BWXT Form 4 transaction an open-market stock purchase or sale?
No, this transaction is not an open-market purchase or sale. It is a grant of restricted stock units as part of BWX Technologies’ 2020 Omnibus Incentive Plan, representing equity compensation awarded to director Nicole Weyerhaeuser Piasecki rather than a market trade.
What plan governs the restricted stock unit grant reported by BWX Technologies (BWXT)?
The restricted stock unit grant to Nicole Weyerhaeuser Piasecki was made under BWX Technologies’ 2020 Omnibus Incentive Plan. This plan provides for equity-based awards such as RSUs, giving directors and other participants compensation tied directly to BWXT common stock performance over time.