Krieg Kenneth J 4
4 · BWX Technologies, Inc. · Filed Mar 30, 2026
Research Summary
AI-generated summary of this filing
BWX (BWXT) Director Kenneth Krieg Receives 28.02-Share Award
What Happened
Kenneth J. Krieg, a director of BWX Technologies, reported an award/acquisition of 28.02 derivative shares (DERs) on 2026-03-27. The filing shows an acquisition price of $0.00 — this was a compensatory award (derivative dividend-equivalent rights related to restricted stock units), not a cash purchase or sale.
Key Details
- Transaction date: 2026-03-27; Form 4 filed 2026-03-30 (reporting accession 0001628280-26-022096).
- Transaction type/code: A (Grant, award or other acquisition); 28.02 shares acquired at $0.00 (derivative instrument).
- Shares owned after transaction: Not specified in the provided summary of the filing.
- Footnote: The DERs are dividend equivalent rights that accrued on nine RSU grants for which the director elected to defer receipt; each RSU and each DER represent a contingent right to one share and DERs will be delivered proportionately with the RSUs.
- No 10b5-1 plan, tax-withholding sale, or late-filing flag is indicated in the information provided.
Context
Dividend-equivalent rights (DERs) are compensatory, derivative awards tied to deferred restricted stock units — they represent future contingent rights to receive shares (typically delivered with the related RSUs). Such awards are routine director/employee compensation and do not represent an open-market buy or sell signal.
Insider Transaction Report
- Award
Dividend Equivalent Rights
[F1]2026-03-27+28.02→ 1,420.22 total→ Common Stock (28.02 underlying)
Footnotes (1)
- [F1]The dividend equivalent rights accrued on nine restricted stock unit grants of which the reporting person has elected to defer receipt of the shares underlying the RSUs. Each RSU and DER represent a contingent right to receive one share of BWXT common stock. In accordance with the deferral election, the DERs will be delivered to the reporting person proportionately with the RSUs to which they relate.