BWX Technologies (BWXT) director receives new dividend equivalent rights
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BWX Technologies, Inc. director Daniel L. Jablonsky received an automatic grant of 0.160 dividend equivalent rights tied to a previously awarded restricted stock unit grant. Each dividend equivalent right and related RSU represents a contingent right to receive one share of BWX Technologies common stock.
According to the deferral election, both the RSUs and the associated dividend equivalent rights will be delivered to Jablonsky proportionately over time, matching the delivery schedule of the underlying RSUs. This is a small, compensation-related, non-cash acquisition rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
JABLONSKY DANIEL L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 0.16 | $0.00 | -- |
Holdings After Transaction:
Dividend Equivalent Rights — 0.16 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Dividend equivalent rights granted: 0.1600 rights
Rights price per unit: $0.0000 per right
Rights following transaction: 0.1600 rights
+1 more
4 metrics
Dividend equivalent rights granted
0.1600 rights
Grant on 2026-03-27 to director Daniel L. Jablonsky
Rights price per unit
$0.0000 per right
Non-cash compensation grant
Rights following transaction
0.1600 rights
Total derivative holdings in this award after grant
Underlying common stock
0.1600 shares
Common stock underlying the dividend equivalent rights
Key Terms
Dividend Equivalent Rights, restricted stock unit, deferral election, contingent right
4 terms
Dividend Equivalent Rights financial
"The dividend equivalent rights accrued on one restricted stock unit grant"
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
"accrued on one restricted stock unit grant of which the reporting person has elected to defer"
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 did BWXT director Daniel L. Jablonsky report in this Form 4 for BWXT?
Daniel L. Jablonsky reported receiving 0.160 dividend equivalent rights linked to a restricted stock unit grant. Each right represents a contingent claim on one BWX Technologies common share and is a compensation-related award, not an open-market stock purchase or sale.
How many dividend equivalent rights did Daniel L. Jablonsky acquire in BWXT stock?
He acquired 0.160 dividend equivalent rights tied to BWX Technologies restricted stock units. Each right corresponds to one share of common stock and will be delivered proportionately as the related RSUs are settled under his existing deferral election.
Are the BWXT dividend equivalent rights reported by Jablonsky an actual stock purchase?
No, the 0.160 dividend equivalent rights are a compensation-related award, not an open-market purchase. They accrue on deferred restricted stock units and each represents a contingent right to receive one BWX Technologies common share in the future.
How are Daniel L. Jablonsky’s BWXT dividend equivalent rights delivered to him?
The dividend equivalent rights will be delivered proportionately with the related restricted stock units. Under his deferral election, both the RSUs and the associated dividend equivalent rights convert into BWX Technologies common shares on the same delivery schedule.
What does each BWXT dividend equivalent right reported by Jablonsky represent?
Each dividend equivalent right represents a contingent right to receive one share of BWX Technologies common stock. The rights accrue on a deferred restricted stock unit grant and are delivered alongside those RSUs rather than through immediate cash or share settlement.