JASKA JAMES M 4

What Happened

• James M. Jaska, a director of BWX Technologies, reported an award/acquisition of 23.95 derivative shares on 2026-06-05. The transaction is recorded as an award (code A) of dividend-equivalent rights (DERs) with an acquisition price of $0.00, so no cash was paid.

Key Details

• Transaction date: 2026-06-05; Filing date (Form 4): 2026-06-09 (filed within the SEC's 2-business-day window).
• Amount acquired: 23.95 shares; reported price: $0.00 (derivative award, not a market purchase).
• Shares owned after transaction: not specified in the filing.
• Footnote: The DERs accrued on eight restricted stock unit (RSU) grants for which the reporting person elected to defer receipt. Each RSU and DER represents a contingent right to one share; DERs will be delivered proportionately with the related RSUs per the deferral election.
• Exhibit: Exhibit 24 — Power of Attorney included.

Context

• This was an award of derivative dividend-equivalent rights tied to deferred RSUs, not a cash purchase or sale. DERs are contingent rights that typically convert to shares (or equivalent value) when the underlying RSUs vest or are paid out according to the deferral terms. Such filings document compensation-related equity accruals and do not necessarily signal trading intent.