BWX Technologies (BWXT) SVP receives RSU and stock option grants

Rhea-AI Filing Summary

BWX Technologies, Inc. executive Toby W. Smith, SVP and General Counsel, reported equity-based compensation awards. He acquired 672 Restricted Stock Units and 1,971 employee stock options on February 25, 2026 as grants, not open-market purchases.

The RSUs vest in three equal annual installments beginning February 25, 2027. The stock options also vest in three equal annual installments starting on that date and are scheduled to expire on February 25, 2036, providing long-term, performance-linked incentives.

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^*

Smith Toby W.

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP and General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026

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
Restricted Stock Units	$0	02/25/2026		A		672		(1)	(1)	Common Stock	672	$0	672	D
Employee Stock Option (right to buy)	$208.27	02/25/2026		A		1,971		(2)	(2)	Common Stock	1,971	$0	1,971	D

Explanation of Responses:

1. RSUs vest in three equal annual installments beginning February 25, 2027.

2. Stock Options vest in three equal annual installments beginning February 25, 2027. Stock Options expire February 25, 2036.

Remarks:

	/s/ Toby W. Smith, by Theresa B. Taylor, attorney-in-fact	02/27/2026
	** 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.

FAQ

What insider transactions did BWXT executive Toby W. Smith report?

Toby W. Smith reported equity awards, not open-market trades. He received 672 Restricted Stock Units and 1,971 employee stock options as grants dated February 25, 2026, reflecting routine executive compensation rather than a discretionary stock purchase or sale.

How many RSUs were granted to BWXT’s Toby W. Smith?

Toby W. Smith was granted 672 Restricted Stock Units. These RSUs vest in three equal annual installments starting February 25, 2027, linking his compensation to the company’s long-term performance over several years as the awards gradually become payable.

What stock option grant did Toby W. Smith receive at BWX Technologies?

He received 1,971 employee stock options. These options vest in three equal annual installments beginning February 25, 2027 and are scheduled to expire on February 25, 2036, giving him a long-dated incentive tied to BWX Technologies’ share performance.

When do Toby W. Smith’s BWXT RSUs and options start vesting?

Both the RSUs and stock options begin vesting on February 25, 2027. Each award vests in three equal annual installments from that date, spreading vesting over three years to encourage ongoing retention and alignment with shareholders.

When do Toby W. Smith’s BWXT stock options expire?

The stock options granted to Toby W. Smith are scheduled to expire on February 25, 2036. This long expiration period provides an extended window during which vested options may be exercised, subject to company policies and any applicable trading restrictions.

Does the BWXT Form 4 show Toby W. Smith buying or selling shares?

The Form 4 shows grant or award acquisitions, not market buys or sales. Transactions are coded as awards of 672 RSUs and 1,971 stock options, representing compensation rather than discretionary trading activity by Toby W. Smith.