[Form 4] BWX Technologies, Inc. Insider Trading Activity

Rhea-AI Filing Summary

BWX Technologies insider Ronald O. Whitford Jr., SVP, General Counsel and Secretary, exercised employee stock options to acquire 2,092 shares at a $61.70 exercise price and immediately sold those 2,092 shares at a weighted average price of $177.4342 on 08/11/2025. The Form 4 shows his beneficial common stock position following these transactions was 10,149 shares (one line shows 12,241 after the acquisition and another shows 10,149 after the sale). The filing also reports he continues to hold employee stock options covering 4,184 underlying shares, with an expiration date of 02/27/2033 and a vesting schedule of three equal annual installments beginning 02/27/2024.

Positive

• Realized gross spread: Exercise price of $61.70 vs weighted average sale price of $177.4342, implying a significant per-share gain.
• Transparent disclosure: Filing reports both the post-transaction common stock position (10,149 shares) and outstanding option holdings (4,184), plus vesting and expiration details.

Negative

• Reduction in direct holdings: Reported common stock beneficial ownership decreased to 10,149 shares after the transaction (one line shows 12,241 after acquisition prior to the sale).

Insights

Financial Analyst

TL;DR: Insider exercised 2,092 options at $61.70 and sold 2,092 shares at a $177.4342 weighted average — routine liquidity, limited immediate signal.

The transactions show an exercise-to-sale sequence that realized roughly a $115.73 per-share gross spread between the exercise price and weighted average sale price. The filing reports a post-transaction direct common stock position of 10,149 shares and continuing derivative exposure via 4,184 options. For investors, this is a clear, documented insider liquidity event rather than a corporate operational development.

Corporate Governance Expert

TL;DR: Accurately reported option exercise and sale; disclosure meets Section 16 transparency expectations.

The Form 4 provides explicit detail on the number of shares acquired and sold, the weighted average sale price range, and the remaining option holdings with vesting and expiration dates. This level of disclosure supports governance transparency by documenting insider changes in beneficial ownership and outstanding derivative positions.

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^*

Whitford Ronald Owen Jr

(Last) (First) (Middle)

800 MAIN STREET

4TH FLOOR

(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)
	SVP, General Counsel and Sec.

3. Date of Earliest Transaction (Month/Day/Year)
08/11/2025

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
Common Stock	08/11/2025		M		2,092	A	$61.7	12,241	D
Common Stock	08/11/2025		S		2,092	D	$177.4342(1)	10,149	D

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
Employee Stock Option (Right to buy)	$61.7	08/11/2025		M			2,092	(2)	02/27/2033	Common Stock	2,092	$0	4,184	D

Explanation of Responses:

1. The price in Column 4 is a weighted average price. The shares sold at prices ranging from $177.2700 to $177.5950 inclusive. Upon request by the SEC staff, the issuer, or any security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price will be provided.

2. Stock option vests in three equal annual installments beginning February 27, 2024.

	/s/ Ronald O. Whitford Jr., by Theresa B. Taylor, attorney-in-fact	08/12/2025
	** 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 transactions did the BWXT insider report on the Form 4?

The filing reports that Ronald O. Whitford Jr. exercised 2,092 employee stock options at a $61.70 exercise price and sold 2,092 common shares at a weighted average price of $177.4342 on 08/11/2025.

How many BWXT shares does the reporting person beneficially own after these transactions?

The Form 4 shows a post-transaction beneficial ownership of 10,149 common shares.

What derivative holdings and vesting information are disclosed for BWXT insider Whitford?

The filing indicates remaining employee stock options covering 4,184 underlying shares, with an expiration date of 02/27/2033 and a vesting schedule of three equal annual installments beginning 02/27/2024.

At what prices were the shares sold according to the Form 4?

The shares were sold at prices ranging from $177.2700 to $177.5950, producing a weighted average sale price of $177.4342.

Who is the reporting person and what is their role at BWXT?

The reporting person is Ronald O. Whitford Jr., identified as SVP, General Counsel and Secretary.