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BWX Technologies (NYSE: BWXT) director awarded 762 RSUs with deferred share delivery

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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."
vested shares financial
"In accordance with his deferral election, vested shares will be delivered"
SEC Form 4
FORM 4UNITED 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 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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units$004/30/2026A(1)762 (2) (2)Common Stock762$0762D
Explanation of Responses:
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.
2. 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.
Remarks:
/s/ Leland D. Melvin, by Theresa B. Taylor, attorney-in-fact05/04/2026
** Signature of Reporting PersonDate
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)

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.