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BWX Technologies director awarded 16.44 stock rights

BWX Technologies, Inc. (symbol: BWXT) is the issuer of record for a Form 4 filing submitted to the SEC.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

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

BWX Technologies, Inc. (BWXT) reported that director John M. Richardson received an automatic accrual of 16.44 Dividend Equivalent Rights (DERs) on September 4, 2026, in respect of previously granted restricted stock units for which he has elected to defer receipt of the underlying shares.

Each DER and each related restricted stock unit represents a contingent right to receive one share of BWXT common stock, and the DERs will be delivered to Richardson proportionately with the associated RSUs pursuant to his deferral election, bringing his directly held DER balance to 354.31.

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Insider Richardson John M
Role Director
Type Security Shares Price Value
Grant/Award Dividend Equivalent Rights F1 16.44 $0.00 $0.00
Holdings After Transaction: Dividend Equivalent Rights — 354.31 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.
Dividend Equivalent Rights granted 16.44 rights Grant on September 4, 2026 accruing on deferred restricted stock unit grants
Dividend Equivalent Rights after transaction 354.31 rights Total directly held by John M. Richardson following the September 4, 2026 grant
Underlying common stock per DER/RSU 1 share per right Each restricted stock unit and each DER represents a contingent right to one BWXT share
Transaction price per right $0.00 per right Grant, award, or other acquisition of Dividend Equivalent Rights on September 4, 2026
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"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did BWXT disclose for John M. Richardson?

BWX Technologies disclosed that director John M. Richardson was granted 16.44 Dividend Equivalent Rights on September 4, 2026, accruing on previously granted restricted stock units for which he has elected to defer receipt of the underlying BWXT common shares.

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

After the September 4, 2026 accrual, John M. Richardson holds 354.31 Dividend Equivalent Rights directly. Each DER represents a contingent right to receive one share of BWX Technologies common stock, delivered proportionately with related restricted stock units.

What do the Dividend Equivalent Rights reported by BWXT represent?

The Form 4 states that each Dividend Equivalent Right and each related restricted stock unit represents a contingent right to receive one share of BWX Technologies common stock, with DERs delivered proportionately as the associated restricted stock units are delivered.

Are the BWXT Dividend Equivalent Rights tied to a deferral election?

Yes. The filing explains that the Dividend Equivalent Rights accrued on five restricted stock unit grants for which John M. Richardson elected to defer receipt of the underlying shares, and the DERs will be delivered to him proportionately with those deferred RSUs.

Was the BWXT Form 4 transaction made under a Rule 10b5-1 trading plan?

No. The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed, and there is no footnote stating that the September 4, 2026 Dividend Equivalent Rights accrual occurred pursuant to a Rule 10b5-1 or similar pre-arranged trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
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*
Richardson John M

(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)
XDirector10% 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)
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
Dividend Equivalent Rights(1)09/04/2026A16.44 (1) (1)Common Stock16.44$0354.31D
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-fact09/08/2026
** 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)

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