BWX Technologies director granted 36.14 stock rights
BWX Technologies, Inc. (BWXT) director Kenneth J. Krieg reported an acquisition of 36.14 Dividend Equivalent Rights on September 4, 2026, tied to deferred restricted stock units.
Rhea-AI Filing Summary
BWX Technologies, Inc. (BWXT) director Kenneth J. Krieg reported an acquisition of 36.14 Dividend Equivalent Rights on September 4, 2026, tied to deferred restricted stock units. Following this grant, he holds 1,486.95 Dividend Equivalent Rights, each representing a contingent right to receive one share of BWXT common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 36.14 shares
Grant/Award
1 txn
Insider
Krieg Kenneth J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights F1 | 36.14 | $0.00 | $0.00 |
Holdings After Transaction:
Dividend Equivalent Rights — 1,486.95 contracts (Direct)
Footnotes (1)
- F1. The dividend equivalent rights accrued on nine 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.
Key Figures
Dividend Equivalent Rights acquired: 36.14 rights
Dividend Equivalent Rights following transaction: 1,486.95 rights
Underlying common stock per right: 1 share
+1 more
4 metrics
Dividend Equivalent Rights acquired
36.14 rights
Grant reported for September 4, 2026
Dividend Equivalent Rights following transaction
1,486.95 rights
Total directly held after the reported grant
Underlying common stock per right
1 share
Each RSU and Dividend Equivalent Right equals one BWXT common share contingently
Transaction price per right
$0.00
Grant or award acquisition with no purchase price
Key Terms
Dividend Equivalent Rights, restricted stock unit, contingent right, deferral election
4 terms
Dividend Equivalent Rights financial
"The dividend equivalent rights accrued on nine 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 nine 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"
deferral election financial
"In accordance with the deferral election, the DERs will be delivered"
FAQ
What insider transaction did BWXT director Kenneth J. Krieg report?
He reported an acquisition of 36.14 Dividend Equivalent Rights on September 4, 2026, as a grant or award related to previously deferred restricted stock units.
How many Dividend Equivalent Rights does Kenneth J. Krieg hold after this BWXT transaction?
After the transaction, Kenneth J. Krieg holds 1,486.95 Dividend Equivalent Rights, all reported as directly owned.
What do the Dividend Equivalent Rights reported for BWXT represent?
Each Dividend Equivalent Right and related restricted stock unit represents a contingent right to receive one share of BWX Technologies, Inc. common stock, delivered proportionately with the underlying RSUs.
Are the BWXT Dividend Equivalent Rights linked to a deferral election?
Yes. The Dividend Equivalent Rights accrued on nine restricted stock unit grants for which Kenneth J. Krieg elected to defer receipt of the underlying BWXT common shares.
Was the BWXT Form 4 transaction made under a Rule 10b5-1 plan?
The filing indicates no Rule 10b5-1 trading plan is reported, as the document-level checkbox for such a plan is not marked affirmatively.
AI-generated analysis. How Rhea-AI works. Not financial advice.