Burbach Gerhard F 4
Research Summary
AI-generated summary
BWX Technologies Director Gerhard F. Burbach Sells 1,983 Shares
What Happened
Gerhard F. Burbach, a director of BWX Technologies, sold 1,983 shares in an open-market transaction on February 25, 2026. The weighted-average sale price was $208.61 per share, for total proceeds of approximately $413,677. This was a sale (disposition), not a purchase or option exercise.
Key Details
- Transaction date: 2026-02-25; Form 4 filed: 2026-02-27. Filing appears timely.
- Reported price: weighted average $208.61; prices ranged from $208.4701 to $208.8850 (per footnote).
- Shares disposed: 1,983; total proceeds ≈ $413,677.
- Shares owned after the transaction: not stated in the provided filing excerpt.
- Footnote: the Column 4 price is a weighted average; the filing notes the range and that full per-price quantities can be provided to the SEC, issuer, or any security holder upon request.
- No 10b5-1 plan, tax-withholding, or option-exercise notation was indicated in the provided details.
Context
Open-market sales by directors are common and can reflect routine portfolio management rather than a change in view on the company. Purchases generally carry more weight as a positive signal; this report documents a straightforward sale and does not by itself indicate insider sentiment.