STOCK TITAN

BWX Technologies (BWXT) director receives grant of dividend equivalent rights

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

JASKA JAMES M reported acquisition or exercise transactions in this Form 4 filing.

BWX Technologies director James M. Jaska received a grant of dividend equivalent rights tied to existing deferred restricted stock units. On the transaction date, he was awarded 23.95 dividend equivalent rights at a price of $0.00 per right, increasing his total to 1,110.39 such rights. Each dividend equivalent right and related restricted stock unit represents a contingent right to receive one share of BWX common stock, delivered in proportion to the underlying RSUs according to his deferral election. This filing reflects routine equity-based compensation rather than an open-market stock purchase or sale.

Positive

  • None.

Negative

  • None.
Insider JASKA JAMES M
Role null
Type Security Shares Price Value
Grant/Award Dividend Equivalent Rights 23.95 $0.00 --
Holdings After Transaction: Dividend Equivalent Rights — 1,110.39 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Dividend equivalent rights granted 23.95 rights Grant to director on 2026-06-05
Dividend equivalent rights after transaction 1,110.39 rights Total derivative holdings following grant
Transaction price per right $0.00 per right Grant/award acquisition, not market trade
Underlying common stock per right 1 share per right Each DER and RSU equals one BWX common share
Dividend Equivalent Rights financial
"The dividend equivalent rights accrued on eight 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 eight 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..."
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
JASKA JAMES M

(Last)(First)(Middle)
800 MAIN STREET
4TH FLOOR

(Street)
LYNCHBURG VIRGINIA 24504

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
BWX Technologies, Inc. [ BWXT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Dividend Equivalent Rights(1)06/05/2026A23.95 (1) (1)Common Stock23.95$01,110.39D
Explanation of Responses:
1. The dividend equivalent rights accrued on eight 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.
Remarks:
Exhibit 24 - Power of Attorney
/s/ James M. Jaska by Alexander D. Cobey, attorney-in-fact06/09/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did BWX Technologies (BWXT) director James Jaska report?

Director James M. Jaska reported an acquisition of 23.95 dividend equivalent rights. These rights are part of his equity compensation and are tied to existing restricted stock units, rather than an open-market purchase or sale of BWX Technologies common stock.

What are dividend equivalent rights in the BWXT Form 4 filing?

Dividend equivalent rights give the holder a contingent right to BWX common shares mirroring dividends on underlying RSUs. In this filing, each dividend equivalent right and restricted stock unit represents one BWX common share, delivered together according to the director’s deferral election terms.

How many dividend equivalent rights does the BWXT director hold after this grant?

After the 23.95-unit grant, director James M. Jaska holds 1,110.39 dividend equivalent rights. These rights will be delivered proportionately with the related restricted stock units, each representing a contingent right to receive one share of BWX Technologies common stock in the future.

Was there any open-market buying or selling of BWXT stock in this Form 4?

No open-market trading occurred in this Form 4. The reported transaction is a grant of 23.95 dividend equivalent rights with a transaction price of $0.00 per right, reflecting routine equity compensation rather than a market purchase or sale of BWX Technologies shares.

How are the BWXT dividend equivalent rights linked to restricted stock units?

The dividend equivalent rights accrued on eight restricted stock unit grants for which the director deferred share receipt. Each right and each RSU equals one BWX common share, and the rights will be delivered proportionately with the corresponding RSUs under his deferral election.