Gorman Kevin James 4

What Happened Kevin Gorman, VP and Chief Accounting Officer of BWX Technologies (BWXT), had restricted stock units (RSUs) vest on Feb 26, 2026. The filing shows conversion/exercise of 150 RSU derivatives (transaction code M) into common shares at $0.00 (no cash exercise). To satisfy tax withholding (code F), 50 shares were surrendered at $208.27 each for a total withholding value of $10,414. The net result appears to be receipt of 100 shares.

Key Details

• Transaction date: 2026-02-26. Form 4 filed: 2026-03-02 (appears timely — within two business days).
• Reported entries: M — 150 shares acquired at $0.00 (conversion of RSUs); F — 50 shares withheld/disposed at $208.27 for $10,414; an additional M line references the derivative conversion.
• Shares owned after transaction: not specified in the filing.
• Footnote: RSUs vest in three equal annual installments beginning February 26, 2026 (first tranche vested).
• Codes: M = exercise/conversion of a derivative (RSU conversion); F = payment of tax liability via share withholding.

Context This was a routine vesting and tax-withholding event for equity compensation (not an open-market purchase or sale aimed at trading). Tax withholding (surrendering shares) is standard and does not necessarily indicate a view on the stock. Purchases by insiders can be more informative about sentiment; this filing documents an award vesting and related withholding.