Krieg Kenneth J 4

What Happened

Kenneth J. Krieg, a director of BWX Technologies, received an award on June 5, 2026 consisting of 30.59 derivative shares (reported as acquisition code "A") at a $0.00 price, valued at $0 in cash terms. The reported units are dividend equivalent rights (DERs) tied to previously granted restricted stock units (RSUs) rather than an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-06-05; 30.59 units @ $0.00.
• Report filed: Form 4 filed 2026-06-09 (covers the 6/5 transaction).
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Footnote summary: The DERs accrued on nine RSU grants for which the reporting person elected to defer receipt; each RSU and DER represents a contingent right to one share and DERs will be delivered proportionately with the related RSUs (see Footnote F1).
• Exhibit: Exhibit 24 (Power of Attorney) listed in the filing.

Context

DERs are non-cash, derivative awards representing dividend equivalents on deferred RSUs; they do not represent an immediate cash purchase or sale and are typically part of director compensation or deferral elections. Such awards are routine corporate compensation and do not alone indicate the insider's view on the company's stock price.