Burbach Gerhard F 4
4 · BWX Technologies, Inc. · Filed Jun 9, 2026
Research Summary
AI-generated summary of this filing
BWX Technologies (BWXT) Director Gerhard Burbach Receives Award
What Happened
Gerhard F. Burbach, a director of BWX Technologies, was credited with 19.62 derivative shares (transaction code A — award/acquisition) on 2026-06-05. The reporting shows a $0 acquisition price; these are derivative shares representing dividend-equivalent rights 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 (timely).
- Amount: 19.62 derivative shares (DERs) recorded at $0.00.
- Shares owned after transaction: not specified in the filing.
- Footnote: The DERs are dividend equivalent rights accrued on seven RSU grants; each RSU and DER is a contingent right to one share. Per the deferral election, DERs will be delivered proportionately with the RSUs to which they relate (see footnote F1).
- Filing timeliness: filed within the reporting window (no late filing flagged).
Context
Derivative entries like these reflect non-cash compensation or dividend-equivalent credits tied to RSUs. They do not represent a market purchase or sale and will convert to shares (if and when RSUs are delivered) according to the deferral terms.
Insider Transaction Report
Form 4
Burbach Gerhard F
Director
Transactions
- Award
Dividend Equivalent Rights
[F1]2026-06-05+19.62→ 777.92 total→ Common Stock (19.62 underlying)
Footnotes (1)
- [F1]The dividend equivalent rights accrued on seven 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/ Gerhard F. Burbach, by Alexander D. Cobey, attorney-in-fact|2026-06-09