BWXT Director James Jaska Receives Award of 28.29 DERs

What Happened

• James M. Jaska, a director of BWX Technologies, Inc. (BWXT), received an award on 2026-09-04 consisting of 28.29 dividend-equivalent rights (DERs). The reported acquisition price is $0.00 (grant/award, transaction code A). These DERs are derivative rights that each represent a contingent right to receive one share of BWXT common stock when delivered.

Key Details

• Transaction date: 2026-09-04; Form 4 filed: 2026-09-08.
• Transaction type/code: Grant / Award (A).
• Quantity and price: 28.29 DERs @ $0.00 (no cash outlay reported).
• Instrument: Dividend-equivalent rights (DERs) tied to restricted stock units (RSUs).
• Shares owned after transaction: not specified in the provided summary (see the full Form 4 for post-transaction holdings).
• Footnote: The DERs accrued on eight RSU grants for which the reporting person elected to defer receipt; each RSU and DER equals a contingent right to one share, and DERs will be delivered proportionately with the deferred RSUs.

Context

• DERs are compensation-related derivative rights that track dividend equivalents on deferred RSUs; they do not represent immediate stock purchases or sales. The award itself shows no immediate cash cost to the insider; the economic value will depend on the share price when and if the DERs (and related RSUs) are settled and delivered. This type of grant is common for director compensation and should be interpreted as a grant/deferral event, not a direct market buy or sell.