BWX Technologies (BWXT) director awarded new Dividend Equivalent Rights

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Richardson John M reported acquisition or exercise transactions in this Form 4 filing.

BWX Technologies, Inc. director John M. Richardson received a grant of 13.910 Dividend Equivalent Rights on 2026-06-05, bringing his total to 337.870 DERs. These rights accrue on deferred restricted stock units, with each RSU and DER representing a contingent right to receive one share of BWXT common stock, delivered proportionately under his deferral election.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Richardson John M

Role null

Type	Security	Shares	Price	Value
Grant/Award	Dividend Equivalent Rights	13.91	$0.00	--

Holdings After Transaction: Dividend Equivalent Rights — 337.87 shares (Direct, null)

Footnotes (1)

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Key Figures

Dividend Equivalent Rights granted: 13.910 rights Total DERs after transaction: 337.870 rights Exercise price of DERs: $0.0000 per right +2 more

5 metrics

Dividend Equivalent Rights granted 13.910 rights Grant to John M. Richardson on 2026-06-05

Total DERs after transaction 337.870 rights John M. Richardson holdings following grant

Exercise price of DERs $0.0000 per right Conversion or exercise price for Dividend Equivalent Rights

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

Transaction type Grant/award acquisition (Code A) Derivative award of Dividend Equivalent Rights

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 →

06/09/2026 - 04:13 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^*

Richardson John M

(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		13.91		⁽¹⁾	⁽¹⁾	Common Stock	13.91	$0	337.87	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/ John M. Richardson, 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 John M. Richardson?

BWX Technologies reported that director John M. Richardson received a grant of 13.910 Dividend Equivalent Rights. These rights accrue on previously granted restricted stock units for which he elected to defer receipt of underlying common shares.

How many Dividend Equivalent Rights does John M. Richardson hold after this BWXT Form 4?

After the reported grant, John M. Richardson beneficially holds 337.870 Dividend Equivalent Rights. These derivative interests are tied to deferred restricted stock units, each representing a contingent right to receive one share of BWX Technologies common stock in the future.

What are Dividend Equivalent Rights in the BWX Technologies Form 4 filing?

Dividend Equivalent Rights are derivative interests that accrue on restricted stock unit grants. For BWX Technologies, each Dividend Equivalent Right mirrors an RSU and represents a contingent right to receive one BWXT common share, typically delivered alongside the related RSUs under the holder’s election.

How do BWXT restricted stock units and Dividend Equivalent Rights convert into common stock?

Each restricted stock unit and its corresponding Dividend Equivalent Right represent a contingent right to receive one share of BWX Technologies common stock. Under John M. Richardson’s deferral election, the Dividend Equivalent Rights will be delivered proportionately as the related RSUs are settled.

What does the deferral election mean in BWXT’s insider award to John M. Richardson?

John M. Richardson elected to defer receipt of shares underlying several restricted stock unit grants. Because of this deferral, accrued Dividend Equivalent Rights will be delivered to him proportionately over time, matching the delivery schedule of the related RSUs in BWX Technologies stock.