BWX Technologies (BWXT) director granted new dividend equivalent rights award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JABLONSKY DANIEL L reported acquisition or exercise transactions in this Form 4 filing.
BWX Technologies director Daniel L. Jablonsky reported an automatic compensation-related award of 1.29 Dividend Equivalent Rights (DERs) tied to previously granted restricted stock units. Following this grant, he holds 1.45 DERs. Each RSU and DER represents a contingent right to receive one share of BWXT common stock, to be delivered in line with his prior deferral election.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
JABLONSKY DANIEL L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 1.29 | $0.00 | -- |
Holdings After Transaction:
Dividend Equivalent Rights — 1.45 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Dividend Equivalent Rights granted: 1.29 DERs
Dividend Equivalent Rights after transaction: 1.45 DERs
Price per DER: $0.00
+1 more
4 metrics
Dividend Equivalent Rights granted
1.29 DERs
Award on 2026-06-05
Dividend Equivalent Rights after transaction
1.45 DERs
Holdings following grant
Price per DER
$0.00
Grant price for award
Underlying common stock per DER
1 share
Each RSU and DER equals one BWXT share
Key Terms
Dividend Equivalent Rights, restricted stock unit, deferral election, contingent right
4 terms
Dividend Equivalent Rights financial
"The dividend equivalent rights accrued on two 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 two 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"
FAQ
What insider transaction did BWX Technologies (BWXT) director Daniel Jablonsky report?
Director Daniel L. Jablonsky reported an automatic award of 1.29 Dividend Equivalent Rights. These derivative rights relate to earlier restricted stock unit grants and increase his total DER holdings to 1.45, representing contingent rights to receive BWX Technologies common shares in the future.
What are Dividend Equivalent Rights in the BWXT Form 4 filing?
Dividend Equivalent Rights (DERs) are derivative awards that mirror dividends on deferred restricted stock units. Each DER in this filing represents a contingent right to receive one BWX Technologies common share, aligning with the associated RSUs and delivered proportionately under the reporting person’s deferral election.
How many BWXT Dividend Equivalent Rights does Daniel Jablonsky hold after this transaction?
After the reported grant, Daniel L. Jablonsky holds a total of 1.45 Dividend Equivalent Rights. The transaction added 1.29 new DERs, all tied to existing restricted stock unit awards for which he has elected to defer receipt of the underlying BWX Technologies common shares.
Is the BWXT Form 4 transaction an open-market buy or sell of common stock?
The transaction is not an open-market buy or sell of common stock. It is a compensation-related acquisition of 1.29 Dividend Equivalent Rights, classified as a derivative award, with no purchase price and tied to previously granted, deferred restricted stock units.
How will the BWXT Dividend Equivalent Rights be delivered to Daniel Jablonsky?
The Dividend Equivalent Rights will be delivered proportionately with the related restricted stock units. Under Daniel L. Jablonsky’s deferral election, both the RSUs and associated DERs convert into BWX Technologies common shares on the same deferred schedule and represent contingent future stock delivery.