BWX Technologies (NYSE: BWXT) director awarded 762 RSUs with deferred share delivery
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Melvin Leland D reported acquisition or exercise transactions in this Form 4 filing.
BWX Technologies, Inc. director Melvin Leland D received a grant of 762 restricted stock units (RSUs) on April 30, 2026 under the company’s 2020 Omnibus Incentive Plan. Each RSU represents a contingent right to one share of BWXT common stock.
The RSUs vested immediately, but the director elected to defer receipt of the underlying shares. According to his deferral election, the vested shares will be delivered in five annual installments after his service on the Board of Directors ends. Following this grant, he holds 762 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Melvin Leland D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 762 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 762 shares (Direct, null)
Footnotes (1)
- Grant of restricted stock units pursuant to the 2020 Omnibus Incentive Plan of BWX Technologies, Inc. Each restricted stock unit represents a contingent right to receive one share of BWXT common stock. RSUs vested immediately. The reporting person elected to defer receipt of shares underlying the RSUs. In accordance with his deferral election, vested shares will be delivered to the reporting person in five annual installments following termination of service on the Board of Directors.
Key Figures
RSUs granted: 762 units
Underlying common shares: 762 shares
RSUs held after grant: 762 units
+2 more
5 metrics
RSUs granted
762 units
Restricted stock units granted on April 30, 2026
Underlying common shares
762 shares
Each RSU represents one BWXT common share
RSUs held after grant
762 units
Total restricted stock units following the transaction
Installment schedule
5 annual installments
Share delivery after termination of Board service
Grant price per unit
$0.0000 per unit
Equity award, no cash paid by director
Key Terms
Restricted Stock Units, 2020 Omnibus Incentive Plan, deferral election, vested shares
4 terms
Restricted Stock Units financial
"Grant of restricted stock units pursuant to the 2020 Omnibus Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2020 Omnibus Incentive Plan financial
"pursuant to the 2020 Omnibus Incentive Plan of BWX Technologies, Inc."
deferral election financial
"The reporting person elected to defer receipt of shares underlying the RSUs."
FAQ
What insider transaction did BWX Technologies (BWXT) report for Melvin Leland D?
BWX Technologies reported that director Melvin Leland D received a grant of 762 restricted stock units (RSUs). These units are a form of equity compensation, not an open-market stock purchase or sale, and each RSU corresponds to one share of BWXT common stock.
When did the 762 restricted stock units for BWXT’s director vest and how are they settled?
The 762 RSUs vested immediately on the grant date. However, the director elected to defer settlement, so the underlying BWXT shares will be delivered to him in five annual installments after his service on the Board of Directors terminates.
Is the BWXT Form 4 transaction a market purchase or sale of common stock?
The Form 4 for BWX Technologies shows a grant of RSUs, not a market trade. The director did not buy or sell shares on the open market; instead, he received equity compensation that converts into BWXT common stock according to the plan’s and his deferral terms.
How many BWXT restricted stock units does the director hold after this grant?
After this transaction, the reporting director directly holds 762 restricted stock units. Each RSU represents a contingent right to receive one share of BWXT common stock, so this position reflects his current equity award balance from this specific grant.
What plan governs the restricted stock unit grant reported by BWX Technologies (BWXT)?
The restricted stock unit grant was made under BWX Technologies’ 2020 Omnibus Incentive Plan. This plan provides equity-based compensation, such as RSUs, to directors and other participants, aligning their interests with shareholders through stock-based awards rather than only cash pay.