BWX Technologies (BWXT) director awarded 762 restricted stock units with deferral
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Burbach Gerhard F reported acquisition or exercise transactions in this Form 4 filing.
BWX Technologies, Inc. director Gerhard F. Burbach received a grant of 762 restricted stock units as equity compensation under the company’s 2020 Omnibus Incentive Plan. Each unit represents a contingent right to receive one share of BWXT common stock.
The RSUs vested immediately, but Burbach elected to defer receipt of the underlying shares. Under his deferral election, the vested shares will be delivered in one lump sum two years after his service on the Board of Directors ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Burbach Gerhard F
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 one lump sum, two years following termination of service on the Board of Directors.
Key Figures
RSUs granted: 762 units
RSUs vested immediately: 762 units
RSUs held after grant: 762 units
3 metrics
RSUs granted
762 units
Restricted stock units granted to director on 2026-04-30
RSUs vested immediately
762 units
Units vested on grant; settlement deferred
RSUs held after grant
762 units
Total restricted stock units following transaction
Key Terms
Restricted Stock Units, 2020 Omnibus Incentive Plan, deferral election, Board of Directors
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."
Board of Directors financial
"two years following termination of service on the Board of Directors."
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
What insider transaction did BWX Technologies (BWXT) disclose for Gerhard F. Burbach?
BWX Technologies disclosed that director Gerhard F. Burbach received 762 restricted stock units as an equity grant. These units were issued under the 2020 Omnibus Incentive Plan and each unit represents a contingent right to receive one share of BWXT common stock.
How many BWXT restricted stock units were granted to director Gerhard F. Burbach?
Gerhard F. Burbach received a grant of 762 restricted stock units tied to BWXT common stock. This award represents equity-based compensation for his Board service and is structured so each unit converts into one BWXT share under the plan’s terms.
When do Gerhard F. Burbach’s BWXT restricted stock units vest and settle?
The 762 restricted stock units granted to Gerhard F. Burbach vested immediately on the grant date. However, he elected to defer settlement, so the underlying BWXT shares will be delivered in one lump sum two years after his Board service terminates.
What does Burbach’s deferral election mean for his BWXT restricted stock units?
Burbach’s deferral election means he postpones receiving BWXT shares from his vested RSUs. Instead of getting shares now, he will receive all shares underlying the 762 units in one lump sum two years after his service on the Board of Directors ends.
Under which plan were Gerhard F. Burbach’s BWXT restricted stock units granted?
The 762 restricted stock units granted to Gerhard F. Burbach were issued under BWX Technologies’ 2020 Omnibus Incentive Plan. This plan governs equity-based awards, including RSUs, used by the company to compensate and align directors and other eligible participants with shareholders.