BWXT SVP Suzanne Maddux Receives RSU and Stock Option Awards

What Happened
Suzanne Maddux, Senior Vice President of Operations at BWX Technologies (BWXT), received two equity awards on September 1, 2026: a 5,727-share restricted stock unit (RSU) award and a 1,257-share stock option award. Both entries show an acquisition price of $0.00 on the Form 4 (i.e., no cash paid). The RSUs vest in three equal annual installments beginning September 1, 2027; the stock options also vest in three equal annual installments beginning September 1, 2027 and expire September 1, 2036. These are grant/award transactions (code “A”), not open-market purchases or sales.

Key Details

• Transaction date: 2026-09-01 (reported on Form 4 filed 2026-09-03).
• Awards: 5,727 RSUs and 1,257 stock option units; reported acquisition price $0.00 (no cash paid).
• Vesting/expiration: RSUs vest in three equal annual installments starting 9/1/2027; options vest on the same schedule and expire 9/1/2036.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Filing timeliness: Form filed two days after the transaction date; no late filing indicated.
• Transaction type: Award/grant (derivative instruments) — not an immediate buy or sale of shares.

Context: RSUs represent a promise to receive shares if vesting conditions are met; they typically convert into company stock on the vesting dates. Stock options give the holder the right to buy shares at a specified strike price (strike not disclosed in the excerpt) and have a later expiration date. Because these are awards, they reflect company compensation decisions rather than insider trading activity; they do not by themselves indicate the insider bought or sold shares on the open market.