Smith Toby W. 4

What Happened Toby W. Smith, SVP and General Counsel of BWX Technologies (BWXT), was granted two equity awards on February 25, 2026: 672 restricted stock units (RSUs) and 1,971 stock option awards. Both entries are listed as "Grant, award or other acquisition" (code A) at a reported acquisition price of $0.00 — i.e., these are compensation grants/derivative awards, not open-market purchases or sales. The stock options expire February 25, 2036.

Key Details

• Transaction date: 2026-02-25; Filing date: 2026-02-27 (filed within the typical 2-business-day Form 4 window).
• Awards: 672 RSUs @ $0.00; 1,971 Stock Options @ $0.00 (both reported as derivative acquisitions).
• Dollar value: No cash value or grant value is listed in this Form 4 excerpt.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: F1 — RSUs vest in three equal annual installments beginning Feb 25, 2027. F2 — Options vest in three equal annual installments beginning Feb 25, 2027; options expire Feb 25, 2036.

Context RSUs convert to actual shares as they vest; stock options give the holder the right to buy shares in the future (exercise price not disclosed here) and typically require future vesting to become exercisable. These awards are standard executive compensation and should be viewed as grants rather than market bets; they do not indicate an insider purchase or sale. Retail investors may note the vesting schedule for potential future insider holdings or option exercises, but grants alone are routine and not a direct buy/sell signal.