Director Daniel Jablonsky granted 123 BWXT RSUs at BWX Technologies (BWXT)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JABLONSKY DANIEL L reported acquisition or exercise transactions in this Form 4 filing.
BWX Technologies director Daniel L. Jablonsky reported an award of 123 restricted stock units under the company’s 2020 Omnibus Incentive Plan. Each unit represents a contingent right to receive one share of BWXT common stock. The RSUs vested immediately, but Jablonsky elected to defer delivery of the underlying shares until his service on the Board ends, when they will be delivered in a single lump sum.
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 | Restricted Stock Units | 123 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 123 shares (Direct)
Footnotes (1)
- Grant of restricted stock units pursuant to the 2020 Omnibus Incentive Plan of BWX Technologies, Inc. Each restricted stock unit represents a contingent right to receive one share of BWXT common stock. RSUs vested immediately. The reporting person elected to defer receipt of shares underlying the RSUs. In accordance with his deferral election, vested shares will be delivered to the reporting person in one lump sum upon termination of service on the Board of Directors.
FAQ
What insider transaction did BWX Technologies (BWXT) director Daniel Jablonsky report?
Daniel L. Jablonsky reported receiving an award of 123 restricted stock units under BWX Technologies’ 2020 Omnibus Incentive Plan. Each RSU is a contingent right to one share of BWXT common stock, providing equity-based compensation tied directly to the company’s share price.
How many BWX Technologies (BWXT) restricted stock units were granted in this Form 4?
The filing shows a grant of 123 restricted stock units to Daniel L. Jablonsky. These units represent potential future shares of BWXT common stock, giving the director additional equity exposure aligned with shareholder interests through the company’s 2020 Omnibus Incentive Plan.
When do Daniel Jablonsky’s BWXT restricted stock units vest and pay out?
The restricted stock units vested immediately on the grant date. However, Jablonsky elected to defer receipt of the underlying BWXT shares, which will instead be delivered in one lump sum after his service on the Board of Directors ends, according to his deferral election.
What does each BWX Technologies (BWXT) restricted stock unit represent for Daniel Jablonsky?
Each restricted stock unit represents a contingent right to receive one share of BWXT common stock. This means the director does not receive shares immediately, but is entitled to the equivalent number of shares upon the specified future distribution event described in the plan and his deferral election.
Was there any purchase price associated with Daniel Jablonsky’s BWXT restricted stock unit grant?
The transaction price per unit is reported as zero, indicating the RSUs were granted as compensation rather than purchased. This is typical for equity awards issued under an omnibus incentive plan, where the company provides share-based incentives without an out-of-pocket cost to the recipient.