Richardson John M 4
4 · BWX Technologies, Inc. · Filed Jun 9, 2026
Research Summary
AI-generated summary of this filing
BWX Technologies (BWXT) Director John M. Richardson Receives Award
What Happened
- John M. Richardson, a director of BWX Technologies, received 13.91 derivative shares (dividend-equivalent rights) on June 5, 2026. The award is recorded at $0.00 per share (no cash paid) and is reported as a derivative acquisition (A). This is a compensation-related award tied to previously granted restricted stock units (RSUs), not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-06-05; Form 4 filed: 2026-06-09.
- Transaction: Award/acquisition of 13.91 dividend-equivalent rights (DERs) at $0.00 per share (derivative).
- Shares owned after transaction: not specified in the information provided in this summary (see the filing for full holdings).
- Footnote: The DERs represent dividend equivalents accrued on five RSU grants for which Richardson elected to defer receipt. Each RSU and DER is a contingent right to one share; DERs will be delivered proportionately with the deferred RSUs per the deferral election.
- Filing timeliness: filing lists the report date and transaction date; consult the Form 4 for any timeliness designation.
Context
- These DERs are non‑cash, compensation-related rights tied to deferred RSUs and do not represent a market purchase or sale. Such awards are routine for directors and reflect compensation mechanics (deferral and dividend-equivalent accrual) rather than a straightforward investment signal.
Insider Transaction Report
Form 4
Richardson John M
Director
Transactions
- Award
Dividend Equivalent Rights
[F1]2026-06-05+13.91→ 337.87 total→ Common Stock (13.91 underlying)
Footnotes (1)
- [F1]The dividend equivalent rights accrued on five restricted stock unit grants of which the reporting person has elected to defer receipt of the shares underlying the RSUs. Each RSU and DER represent a contingent right to receive one share of BWXT common stock. In accordance with the deferral election, the DERs will be delivered to the reporting person proportionately with the RSUs to which they relate.
Signature
/s/ John M. Richardson, by Alexander D. Cobey, attorney-in-fact|2026-06-09