BWX Technologies (BWXT) director receives new dividend equivalent rights grant

Rhea-AI Filing Summary

BWX Technologies, Inc. director James M. Jaska received a compensation-related grant of dividend equivalent rights tied to existing deferred restricted stock units. On this date, he acquired 20.9100 dividend equivalent rights, each representing a contingent right to receive one share of BWXT common stock. Following this award, his total holdings of these dividend equivalent rights increased to 1086.4400, which will be delivered proportionately over time with the underlying restricted stock units he has elected to defer.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider JASKA JAMES M

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Dividend Equivalent Rights	20.91	$0.00	--

Holdings After Transaction: Dividend Equivalent Rights — 1,086.44 shares (Direct)

Footnotes (1)

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Key Figures

Dividend equivalent rights granted: 20.9100 rights Total dividend equivalent rights after grant: 1086.4400 rights Underlying common stock per right: 1 share per right +1 more

4 metrics

Dividend equivalent rights granted 20.9100 rights Compensation grant on 2026-03-27

Total dividend equivalent rights after grant 1086.4400 rights Holdings following reported transaction

Underlying common stock per right 1 share per right Each RSU and DER equals one BWXT common share

Number of RSU grants accruing DERs 7 grants Dividend equivalent rights accrued on seven RSU grants

Key Terms

Dividend Equivalent Rights, restricted stock unit, deferral election, contingent right

4 terms

Dividend Equivalent Rights financial

"The dividend equivalent rights accrued on seven 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 seven 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.

deferral election financial

"In accordance with the deferral election, the DERs will be delivered..."

contingent right financial

"Each RSU and DER represent a contingent right to receive one share..."

Form 4 Insider Transactions: What Each Field Means →

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^*

JASKA JAMES M

(Last) (First) (Middle)

800 MAIN STREET

4TH FLOOR

(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)
03/27/2026

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)	03/27/2026		A		20.91		(1)	(1)	Common Stock	20.91	$0	1,086.44	D

Explanation of Responses:

1. The dividend equivalent rights accrued on seven 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.

Remarks:

	/s/ James M. Jaska by Theresa B. Taylor, attorney-in-fact	03/30/2026
	** 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)

FAQ

What insider transaction did BWX Technologies (BWXT) director James Jaska report?

Director James M. Jaska reported receiving a grant of 20.9100 dividend equivalent rights. These awards are compensation-related, not open-market purchases or sales, and are tied to previously granted restricted stock units that will settle in BWXT common stock over time according to his deferral election.

How many dividend equivalent rights does James Jaska hold after this BWXT Form 4 filing?

After this transaction, James M. Jaska holds 1086.4400 dividend equivalent rights. Each right represents a contingent claim to one share of BWX Technologies common stock, to be delivered proportionately as the related deferred restricted stock units are ultimately settled in shares.

What are dividend equivalent rights in the context of BWXT’s director compensation?

Dividend equivalent rights are awards that mirror dividends on underlying restricted stock units. For BWXT, each dividend equivalent right equals a contingent right to receive one BWXT common share, accruing on deferred RSU grants and delivered alongside the RSUs according to the director’s deferral election and vesting schedule.

Are the BWXT dividend equivalent rights granted to James Jaska immediately payable in stock?

No, the dividend equivalent rights are not immediately payable. The footnote explains that these rights will be delivered to James Jaska proportionately with the underlying restricted stock units, for which he has elected to defer receipt of the BWXT common shares until a later settlement date.

Does this BWXT Form 4 show any open-market buying or selling by James Jaska?

This Form 4 does not show open-market buying or selling. It reports a grant classified as a derivative acquisition of 20.9100 dividend equivalent rights, which are compensation-related instruments linked to existing deferred restricted stock units rather than discretionary trades in BWXT common stock.