Gorman Kevin James 4

What Happened

• Kevin James Gorman, VP and Chief Accounting Officer of BWX Technologies (BWXT), had equity awards vest and related derivative conversions on Feb 27–28, 2026. The filing shows 1,742 performance restricted stock units (PRSU) vested on Feb 27, 2026 (footnote F3). To satisfy tax withholding obligations, Gorman surrendered/withheld 521 shares on Feb 27 at $207.24 each ($107,972) and 45 shares on Feb 28 at $205.98 each ($9,269), a total of 566 shares withheld (~$117,241). Several M-coded entries indicate conversion/exercise of RSUs/derivatives in that period.

Key Details

• Transaction dates: Feb 27–28, 2026; Form 4 filed Mar 3, 2026 (timely within the SEC two-business-day window).
• Tax-withholding disposals: 521 shares on 2/27 @ $207.24 = $107,972; 45 shares on 2/28 @ $205.98 = $9,269. Total tax withholding ≈ $117,241 for 566 shares.
• Awards/vesting/conversions: 1,742 PRSUs vested (awarded 2/27/2026; performance period 1/1/2023–12/31/2025; certified 2/18/2026) and multiple M-coded exercise/conversion entries for RSUs/derivatives on 2/27–2/28 (see filing for per-entry breakdown).
• Footnotes: F3 describes the PRSU award/vesting; F1 and F2 note other RSU vesting schedules (annual installments beginning 2/27/2024 and 2/28/2025).
• Shares owned after the transactions: not disclosed in the excerpt provided.

Context

• The filing shows awards vesting and derivative conversions with shares withheld to cover tax obligations (F = payment of exercise price or tax liability). This is a routine vesting/withholding event rather than an open-market sale; the insider received shares (A/M codes) and surrendered shares only for taxes (F codes). No 10b5-1 plan or late filing flags are indicated in the provided data.