STOCK TITAN

BWX Technologies (BWXT) director receives new Dividend Equivalent Rights grant

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

Rhea-AI Filing Summary

Krieg Kenneth J reported acquisition or exercise transactions in this Form 4 filing.

BWX Technologies, Inc. director Kenneth J. Krieg received a grant of 28.020 Dividend Equivalent Rights tied to existing deferred restricted stock units. After this award, he holds 1,420.220 of these rights. Each right represents a contingent right to receive one share of BWXT common stock, delivered in proportion to the related RSUs.

Positive

  • None.

Negative

  • None.
Insider Krieg Kenneth J
Role Director
Type Security Shares Price Value
Grant/Award Dividend Equivalent Rights 28.02 $0.00 --
Holdings After Transaction: Dividend Equivalent Rights — 1,420.22 shares (Direct)
Footnotes (1)
  1. [object Object]
Dividend Equivalent Rights granted 28.020 rights Grant on 2026-03-27 as equity award
Total Dividend Equivalent Rights after grant 1,420.220 rights Holdings following reported transaction
Underlying common stock equivalence 1 DER = 1 share Each RSU and DER represent one BWXT common share
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
"accrued on nine restricted stock unit grants 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.
contingent right financial
"Each RSU and DER represent a contingent right to receive one share of BWXT common stock"
deferral election financial
"of which the reporting person has elected to defer receipt of the shares underlying the RSUs"
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*
Krieg Kenneth J

(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)
03/27/2026
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)03/27/2026A28.02 (1) (1)Common Stock28.02$01,420.22D
Explanation of Responses:
1. 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.
Remarks:
/s/ Kenneth J. Krieg, by Theresa B. Taylor, attorney-in-fact03/30/2026
** 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 BWXT director Kenneth J. Krieg report?

Kenneth J. Krieg reported receiving 28.020 Dividend Equivalent Rights linked to previously granted restricted stock units. These rights are part of his equity-based compensation and increase his contingent entitlement to BWX Technologies, Inc. common stock without involving any open-market share purchases or sales.

How many Dividend Equivalent Rights does Kenneth J. Krieg hold after this BWXT Form 4?

Following the latest grant, Kenneth J. Krieg holds a total of 1,420.220 Dividend Equivalent Rights. Each right is tied to deferred restricted stock units and represents a contingent right to receive one share of BWX Technologies, Inc. common stock in the future, subject to the original award terms.

What are Dividend Equivalent Rights in the context of BWXT’s Form 4 filing?

Dividend Equivalent Rights are awards that mirror dividends on underlying restricted stock units. For BWXT, each right represents a contingent right to receive one share of common stock, accruing on existing RSU grants and delivered proportionately when the related RSUs are ultimately settled or distributed.

Are the BWXT Dividend Equivalent Rights immediately settled in shares?

No, the Dividend Equivalent Rights are not immediately settled. For BWXT, the rights are delivered proportionately with the associated restricted stock units, for which the reporting person has elected to defer receipt. Settlement occurs in line with the original RSU deferral and delivery schedule.

Does this BWXT Form 4 show any insider share sales or purchases?

This Form 4 does not show open-market share sales or purchases. It records an acquisition of 28.020 Dividend Equivalent Rights as a grant related to deferred restricted stock units, which are part of the director’s equity compensation rather than discretionary trading activity in BWX Technologies, Inc. stock.