Geveden Rex D 4

What Happened

• Rex D. Geveden, President, CEO and Director of BWX Technologies, sold a total of 10,000 BWXT shares in open-market transactions on May 12, 2026, disposing of: 3,710 shares at $203.78 ($756,027), 3,570 shares at $204.65 ($730,592), 1,402 shares at $205.78 ($288,507), and 1,318 shares at $207.13 ($272,997). The aggregate proceeds reported are $2,048,123. These were sales (dispositions), which are often routine and do not necessarily signal a change in insider sentiment.

Key Details

• Transaction date: 2026-05-12 (all sales).
• Prices reported: $203.78, $204.65, $205.78, $207.13 (see footnotes — portions reported as weighted averages with execution price ranges between $203.29 and $206.25).
• Total shares sold: 10,000; total proceeds: $2,048,123.
• Filing notes: Sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Geveden on 2025-08-11 (Footnote F1). Other footnotes indicate weighted-average pricing and execution price ranges (F2–F4).
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Timeliness: Report filed on 2026-05-12 (same day as the report date), indicating a timely Form 4.

Context

• These were outright sales under a pre-established 10b5-1 plan, which allow insiders to transact according to a preset schedule and can reduce the implication that sales reflect current views on the company.
• No option exercises, gifts, or tax-withholding transactions are reported here. Exhibit 24 (Power of Attorney) is listed in the filing.