Cajade Gonzalo Raul 4

What Happened

• Gonzalo Raul Cajade, Chief Human Resources Officer of BWX Technologies, received equity awards on February 25, 2026: 1,971 stock options and 672 restricted stock units (RSUs). Both grants show an acquisition price of $0.00 (typical for awards), so there was no cash exchanged.
• These are derivative awards (transaction code A = award/grant), totaling 2,643 shares-equivalent at grant. The options themselves do not create immediate share ownership until exercised; the RSUs convert into shares only as they vest.

Key Details

• Transaction date: 2026-02-25; Form 4 filed: 2026-02-27 (filed within the standard two-business-day window).
• Price: $0.00 for both grants (awards, not purchases).
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes:
  • F1: Stock options vest in three equal annual installments beginning February 25, 2027; options expire February 25, 2036.
  • F2: RSUs vest in three equal annual installments beginning February 25, 2027.
• Transaction type: A (award/grant). No 10b5-1 plan, tax withholding, or sale reported in this filing.

Context

• These awards are typical employee compensation: options give the right to buy shares later (subject to vesting and exercise), while RSUs convert to shares as they vest. Neither indicates an immediate market buy or sell by the insider.
• Awards are common and do not alone signal the insider's view of the stock; they reflect compensation and retention practices.