Richardson John M 4

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.