BWX Technologies (NYSE: BWXT) director reports new dividend equivalent rights grant

Rhea-AI Filing Summary

BWX Technologies, Inc. director Leland D. Melvin reported acquiring dividend equivalent rights tied to his existing deferred restricted stock units. On 12/10/2025, he received 11.42 dividend equivalent rights, each representing a contingent right to receive one share of BWXT common stock, matching four restricted stock unit grants for which he has elected to defer share receipt. These rights will be delivered to him proportionately with the related RSUs. The filing shows he now beneficially owns 204.39 dividend equivalent rights on a direct basis, with a stated price of $0 for the derivative securities.

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

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/10/2025

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

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)	12/10/2025		A		11.42		(1)	(1)	Common Stock	11.42	$0	204.39	D

Explanation of Responses:

1. 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.

Remarks:

	/s/ Leland D. Melvin, by Theresa B. Taylor, attorney-in-fact	12/12/2025
	** 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 insider transaction did BWX Technologies (BWXT) report for Leland D. Melvin?

Leland D. Melvin, a director of BWX Technologies, Inc., reported acquiring 11.42 dividend equivalent rights on 12/10/2025 tied to his existing restricted stock units.

What are the dividend equivalent rights reported in this BWXT Form 4 filing?

The filing states that each dividend equivalent right (DER) represents a contingent right to receive one share of BWXT common stock, accruing on restricted stock unit grants.

How many dividend equivalent rights does Leland D. Melvin own after this BWXT transaction?

After the reported transaction, Leland D. Melvin beneficially owns 204.39 dividend equivalent rights relating to BWXT common stock, held with direct ownership.

How are the BWXT dividend equivalent rights delivered to the reporting person?

According to the explanation, the dividend equivalent rights will be delivered to Leland D. Melvin proportionately with the restricted stock units to which they relate under his deferral election.

Did Leland D. Melvin pay cash for the BWXT dividend equivalent rights reported?

The table shows a price of $0 for the derivative securities, indicating the dividend equivalent rights were credited without cash payment.

How do the BWXT dividend equivalent rights relate to Leland D. Melvin’s deferred RSUs?

The dividend equivalent rights accrued on four restricted stock unit grants for which he has elected to defer receipt of the underlying shares, and they will be delivered in line with those RSUs.