BWX Technologies (NYSE: BWXT) director gains dividend equivalent rights
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PIASECKI NICOLE WEYERHAEUSER reported acquisition or exercise transactions in this Form 4 filing.
BWX Technologies, Inc. director Nicole Weyerhaeuser Piasecki received an automatic grant of 5.03 Dividend Equivalent Rights tied to existing deferred restricted stock units. Each right represents a contingent right to receive one share of BWX Technologies common stock, bringing her total reported dividend equivalent holdings to 46.81.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PIASECKI NICOLE WEYERHAEUSER
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 5.03 | $0.00 | -- |
Holdings After Transaction:
Dividend Equivalent Rights — 46.81 shares (Direct)
Footnotes (1)
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Key Figures
Dividend Equivalent Rights granted: 5.03 rights
Total Dividend Equivalent Rights after transaction: 46.81 rights
Underlying common stock per right: 1 share per right
+1 more
4 metrics
Dividend Equivalent Rights granted
5.03 rights
Automatic grant on deferred RSU dividends
Total Dividend Equivalent Rights after transaction
46.81 rights
Holdings following March 27, 2026 Form 4 transaction
Underlying common stock per right
1 share per right
Each RSU and Dividend Equivalent Right equals one BWXT share
RSU grants generating rights
3 grants
Dividend equivalents accrued on three deferred RSU grants
Key Terms
Dividend Equivalent Rights, restricted stock unit, contingent right, deferral election
4 terms
Dividend Equivalent Rights financial
"The dividend equivalent rights accrued on three 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 three 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
"the reporting person has elected to defer receipt of the shares"