Geveden Rex D 4
Research Summary
AI-generated summary
BWXT CEO Rex Geveden Receives RSUs & Stock Options
What Happened
Rex D. Geveden, President & CEO and a director of BWX Technologies, was awarded two compensation grants on February 25, 2026: 6,027 restricted stock units (RSUs) and 17,676 stock options. Both grants are reported at $0.00 (no cash paid at grant) and are classified as awards/derivative securities rather than open-market purchases or sales.
Key Details
- Transaction date: February 25, 2026; Form 4 filed February 27, 2026.
- Grants: 6,027 RSUs (reported $0.00) and 17,676 stock options (reported $0.00).
- Vesting: Both awards vest in three equal annual installments beginning February 25, 2027 (per footnotes).
- Options: Stock options expire February 25, 2036 (per footnote).
- Shares owned after transaction: not specified in the provided filing details.
- Transaction type: Code "A" — award/grant. This is compensation, not an open-market buy or sale.
Context
These are typical equity compensation awards to an executive and should be viewed as part of pay and retention rather than a direct purchase or sale signal. RSUs convert to shares as they vest; stock options give the right to buy shares in the future (subject to vesting and exercise terms).