BWX Technologies director granted 15.43 stock rights

BWXT director Melvin Leland D received additional dividend equivalent rights linked to deferred RSU awards, increasing his DER holdings as part of equity-based compensation.

Rhea-AI Filing Summary

BWX Technologies, Inc. (symbol: BWXT) is the issuer of record for a Form 4 filing submitted to the SEC. Melvin Leland D reported acquisition or exercise transactions in this Form 4 filing.

BWX Technologies, Inc. (BWXT) reported that director Melvin Leland D received a grant of 15.43 Dividend Equivalent Rights (DERs) on September 4, 2026, tied to previously granted restricted stock units (RSUs). Following this grant, he holds 243.83 DERs directly.

Each RSU and corresponding DER represents a contingent right to receive one share of BWXT common stock. The director has elected to defer receipt of the RSU shares, and the DERs will be delivered to him proportionately with the related RSUs. No Rule 10b5-1 trading plan is reported for this transaction.

Insider Trade Summary

Grant/Award: 15.43 shares

Grant/Award 1 txn

Insider Melvin Leland D

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Dividend Equivalent Rights F1	15.43	$0.00	$0.00

Holdings After Transaction: Dividend Equivalent Rights — 243.83 contracts (Direct)

Footnotes (1)

1. F1. 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.

Key Figures

Dividend Equivalent Rights granted: 15.43 rights Dividend Equivalent Rights after transaction: 243.83 rights Underlying common shares per RSU or DER: 1 share per unit +1 more

4 metrics

Dividend Equivalent Rights granted 15.43 rights Grant to director Melvin Leland D on September 4, 2026

Dividend Equivalent Rights after transaction 243.83 rights Total DERs held directly by Melvin Leland D after the grant

Underlying common shares per RSU or DER 1 share per unit Each RSU and each DER represents a contingent right to receive one BWXT share

Transaction price per DER $0.00 Equity-based compensation grant, not a market purchase or sale

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

"accrued on five restricted stock unit grants of which the reporting person"

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"

FAQ

What insider transaction did BWXT report for Melvin Leland D?

BWX Technologies reported that director Melvin Leland D received an equity-based compensation grant of 15.43 Dividend Equivalent Rights on September 4, 2026, increasing his directly held DER position to 243.83.

What are Dividend Equivalent Rights in the BWXT Form 4 filing?

The filing states that each Dividend Equivalent Right (DER) is tied to a restricted stock unit and, like each RSU, represents a contingent right to receive one share of BWX Technologies common stock, delivered proportionately with the related RSUs.

How many BWXT Dividend Equivalent Rights did Melvin Leland D hold after the transaction?

After the September 4, 2026 grant, director Melvin Leland D held 243.83 Dividend Equivalent Rights directly, each representing a contingent right to receive one share of BWX Technologies common stock, according to the filing.

Were the BWXT Dividend Equivalent Rights granted under a Rule 10b5-1 plan?

No. The Form 4 indicates the Rule 10b5-1 checkbox is not checked, and there is no footnote stating that the Dividend Equivalent Rights grant was made under a Rule 10b5-1 trading plan.

How are BWXT Dividend Equivalent Rights delivered to Melvin Leland D?

The footnote explains that the Dividend Equivalent Rights will be delivered to Melvin Leland D proportionately with the restricted stock units to which they relate, in line with his deferral election on the underlying RSU grants.

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Available on EDGAR 09/08/2026 - 04:20 PM Accepted by SEC EDGAR 09/08/2026 - 04:20 PM Learn about SEC filing dates

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^*

Melvin Leland D

(Last) (First) (Middle)

1720 MT. ATHOS ROAD

(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)
09/04/2026

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)
			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
Dividend Equivalent Rights	(1)	09/04/2026		A		15.43		(1)	(1)	Common Stock	15.43	$0	243.83	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/ Leland D. Melvin, by Alexander D. Cobey, attorney-in-fact	09/08/2026
	** 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)