BWX Technologies (BWXT) director awarded new Dividend Equivalent Rights

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Krieg Kenneth J reported acquisition or exercise transactions in this Form 4 filing.

BWX Technologies director Kenneth J. Krieg received a grant of 30.59 Dividend Equivalent Rights on June 5, 2026. These rights accrued on nine restricted stock unit (RSU) grants for which he previously elected to defer receipt of the underlying shares.

Each RSU and each Dividend Equivalent Right represents a contingent right to receive one share of BWX Technologies common stock. Following this grant, Krieg holds a total of 1,450.81 Dividend Equivalent Rights, which will be delivered proportionately over time in line with the deferred RSUs.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Krieg Kenneth J

Role null

Type	Security	Shares	Price	Value
Grant/Award	Dividend Equivalent Rights	30.59	$0.00	--

Holdings After Transaction: Dividend Equivalent Rights — 1,450.81 shares (Direct, null)

Footnotes (1)

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Key Figures

Dividend Equivalent Rights granted: 30.59 rights Total Dividend Equivalent Rights after grant: 1,450.81 rights Related RSU grants: 9 grants +1 more

4 metrics

Dividend Equivalent Rights granted 30.59 rights Grant to director on June 5, 2026

Total Dividend Equivalent Rights after grant 1,450.81 rights Holdings following reported transaction

Related RSU grants 9 grants RSUs on which the rights accrued

Conversion ratio 1 right per share Each RSU and DER equals one BWXT common 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 nine 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 nine 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 →

06/09/2026 - 04:14 PM

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^*

Krieg Kenneth J

(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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Dividend Equivalent Rights	⁽¹⁾	06/05/2026		A		30.59		⁽¹⁾	⁽¹⁾	Common Stock	30.59	$0	1,450.81	D

Explanation of Responses:

1. The dividend equivalent rights accrued on nine 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:

Exhibit 24 - Power of Attorney

	/s/ Kenneth J. Krieg, 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did BWX Technologies (BWXT) report for Kenneth J. Krieg?

BWX Technologies reported that director Kenneth J. Krieg received a grant of 30.59 Dividend Equivalent Rights on June 5, 2026. These rights are linked to previously granted restricted stock units and increase his contingent future entitlement to BWXT common shares as those RSUs are settled.

How many Dividend Equivalent Rights does Kenneth J. Krieg hold after this BWXT Form 4?

After this transaction, Kenneth J. Krieg holds 1,450.81 Dividend Equivalent Rights. Each right corresponds to one potential share of BWX Technologies common stock, to be delivered proportionately as the related deferred restricted stock units are ultimately paid out under the company’s equity program.

What are Dividend Equivalent Rights in the BWX Technologies (BWXT) filing?

Dividend Equivalent Rights are derivative awards that mirror dividends on underlying restricted stock units by accruing additional units. In this case, each right represents a contingent claim to one BWX Technologies common share, delivered in step with the associated RSUs after the director’s deferral period ends.

Were Kenneth J. Krieg’s BWXT Dividend Equivalent Rights an open-market purchase?

No, the 30.59 Dividend Equivalent Rights reported for Kenneth J. Krieg are a grant classified as a derivative award, not an open-market purchase. They accrued automatically on existing restricted stock unit grants rather than being bought or sold on the public market for cash consideration.

How are the BWXT Dividend Equivalent Rights delivered to Kenneth J. Krieg?

The Dividend Equivalent Rights will be delivered proportionately with the related restricted stock units. Because Kenneth J. Krieg elected to defer receipt of shares underlying nine RSU grants, both the RSUs and the associated Dividend Equivalent Rights will pay out in BWX Technologies common stock according to that deferral schedule.