BWX Technologies director granted 762 RSUs
Burbach Gerhard F reported acquisition or exercise transactions in this Form 4 filing.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 762 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 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
Key Terms
Restricted Stock Units financial
2020 Omnibus Incentive Plan financial
deferral election financial
Board of Directors financial
FAQ
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What insider transaction did BWX Technologies (BWXT) disclose for Gerhard F. Burbach?
How many BWXT restricted stock units were granted to director Gerhard F. Burbach?
When do Gerhard F. Burbach’s BWXT restricted stock units vest and settle?
What does Burbach’s deferral election mean for his BWXT restricted stock units?
Under which plan were Gerhard F. Burbach’s BWXT restricted stock units granted?
AI-generated analysis. How Rhea-AI works. Not financial advice.