Krieg Kenneth J 4

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.