Geveden Rex D 4

What Happened

• Rex D. Geveden, President, CEO and Director of BWX Technologies (BWXT), had 3,718 restricted stock units (RSUs convertibles) vest/convert on Feb 26, 2026. The conversion (transaction code M) resulted in 3,718 shares being issued.
• To cover tax obligations (transaction code F), 1,814 shares were surrendered/withheld at $208.27 per share, for a tax value of approximately $377,802. The filing shows both the conversion and the withholding; this is a net-share settlement to satisfy tax liabilities rather than an open-market sale.

Key Details

• Transaction date: February 26, 2026; Filing date: March 2, 2026.
• Shares converted/acquired: 3,718 (code M). Shares surrendered/withheld for taxes: 1,814 at $208.27 each = $377,802 (code F).
• Footnote: 280 of the withheld shares relate specifically to tax withholding tied to retirement eligibility for a portion of the award that partially vested on Feb 26, 2026.
• Footnote: The restricted stock units vest in three equal annual installments beginning Feb 26, 2026.
• Shares owned after the transaction: not specified in the provided filing summary.
• This filing reports a routine net-share settlement for taxes, not an open-market sale.

Context

• This was a vesting/conversion of RSUs with net-share withholding to satisfy taxes — a common administrative transaction and not necessarily a signal of insider buying or selling intent.
• Transaction codes: M = exercise/conversion of a derivative (here, RSU conversion); F = payment of exercise price or tax liability (here, shares withheld for taxes).