BWX Technologies, Inc.·4

Feb 27, 4:32 PM ET

Miller Joseph Kirwan 4

Research Summary

AI-generated summary

Updated

BWX Technologies (BWXT) Pres. Miller Kirwan Receives RSUs & Options

What Happened Joseph (Miller) Kirwan, President, Government Operations at BWX Technologies (BWXT), was granted two derivative awards on February 25, 2026: 960 restricted stock units (RSUs) and 2,817 stock options (total = 3,777 units). The filing shows an acquisition price of $0.00 for both awards (grant/award code "A") — these are compensation grants, not open-market purchases or sales.

Key Details

  • Transaction date: February 25, 2026; Form 4 filed February 27, 2026 (appears timely — within the two-business-day rule).
  • Grants recorded: 960 RSUs (footnote F1) and 2,817 stock options (footnote F2).
  • Price reported: $0.00 per share in the filing (award/grant).
  • Vesting: RSUs vest in three equal annual installments beginning February 25, 2027 (F1). Options vest in three equal annual installments beginning February 25, 2027 (F2).
  • Option expiration: Stock options expire February 25, 2036 (F2).
  • Shares owned after transaction: not specified in the provided excerpt — check the full Form 4 on the SEC EDGAR site for post-transaction holdings.
  • Transaction code: "A" = award/grant (derivative instruments); no immediate sale or cashless exercise reported.

Context RSUs are rights to receive shares as they vest; once vested they convert into common stock. Stock options grant the right to buy shares at a set exercise price (the exercise price was not listed in the provided excerpt). These awards reflect compensation and incentive alignment rather than a direct market bet; they do not indicate an immediate purchase or sale of BWXT shares. For precise holdings, exercise price, or additional details, review the complete Form 4 filing on the SEC website.