Bender Kurt A. 4
Research Summary
AI-generated summary
BWXT SVP Kurt A. Bender Receives Equity Awards (RSUs & Options)
What Happened
Kurt A. Bender, SVP & Chief Digital Officer of BWX Technologies, received equity awards on February 25, 2026: 360 restricted stock units (RSUs) and 1,056 stock options. Both awards were reported at $0.00 per share (grant awards), meaning no purchase price was paid by the insider at grant. These are compensation awards, not open-market purchases or sales.
Key Details
- Transaction date: 2026-02-25; Form 4 filed 2026-02-27 (timely filing).
- Awards: 360 RSUs and 1,056 stock options, reported at $0.00 (transaction code A = Award/Grant).
- Vesting: Both RSUs and options vest in three equal annual installments beginning February 25, 2027 (Footnotes F1 & F2).
- Option expiry: Stock options expire February 25, 2036 (Footnote F2).
- Shares owned after the transaction: not specified in the provided filing excerpt.
- These entries are derivative award grants (not immediate stock ownership); no indication of a 10b5-1 plan, tax withholding, or late filing in the provided data.
Context
RSUs convert to actual shares only as they vest; stock options require exercise (and payment of the strike price) after vesting to convert into shares. Awards are a standard form of executive compensation and do not necessarily signal a buying/selling decision by the insider.