JASKA JAMES M 4

What Happened
James M. Jaska, a director of BWX Technologies, was credited with 20.91 derivative shares on 2026-03-27 as an award/acquisition (derivative instrument) at $0.00 per share. This reflects dividend-equivalent rights related to previously granted restricted stock units (RSUs); no cash was paid in the transaction.

Key Details

• Transaction date: 2026-03-27; Form 4 filed 2026-03-30 (appears timely).
• Transaction type/code: A — Award/acquisition of derivative securities.
• Quantity and price: 20.91 shares acquired, $0.00 per share (derivative).
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: The 20.91 units are dividend equivalent rights (DERs) accrued on seven RSU grants for which the reporting person elected to defer receipt. Each DER and RSU represent a contingent right to one BWXT share; DERs will be delivered proportionately with the related RSUs per the deferral election.
• No indication of sale, open-market purchase, or 10b5-1 plan in this filing.

Context
This is a derivative award tied to deferred RSUs (dividend equivalents), not a cash purchase or sale. Such entries are typically administrative—reflecting accrual of dividends on deferred equity—and do not by themselves signal buy/sell market intent. If and when the underlying RSUs vest or the DERs are settled, actual shares (and potential market value) will be realized.