Geveden Rex D 4

What Happened Rex D. Geveden, President, CEO and a director of BWX Technologies (BWXT), sold a total of 10,000 shares in multiple open-market transactions on February 12, 2026 for aggregate proceeds of approximately $2,032,560. The six reported lots were:

• 454 shares @ $199.71 = $90,668
• 1,190 shares @ $201.17 = $239,388
• 1,762 shares @ $202.24 = $356,355
• 2,192 shares @ $203.23 = $445,474
• 1,904 shares @ $204.05 = $388,514
• 2,498 shares @ $205.03 = $512,161

These were sales (code S) — not purchases — and thus are generally routine dispositions rather than an explicit bullish signal.

Key Details

• Transaction date: 2026-02-12; Form 4 filed 2026-02-13 (timely within Form 4 filing rules).
• Aggregate shares sold: 10,000; aggregate proceeds: ~$2.03 million.
• Per-lot prices shown are weighted averages; the filing includes footnotes with the actual price ranges for each lot (roughly $199.55 to $205.29 across lots).
• The filing notes the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Geveden on 2025-08-11.
• Shares owned after the transaction are not provided in the extract you supplied; see the full Form 4 for post-sale holdings.

Context Sales under a pre-established 10b5-1 plan are common for insiders to systematically sell stock and are typically considered routine — they do not necessarily reflect the insider’s view of the company’s near-term prospects. For retail investors, purchases by insiders tend to carry more informational weight than routine plan-based sales.