Richardson John M 4
4 · BWX Technologies, Inc. · Filed Mar 30, 2026
Research Summary
AI-generated summary of this filing
BWX Technologies (BWXT) Director John M. Richardson Receives Award
What Happened John M. Richardson, a director of BWX Technologies, received 11.73 derivative shares on 2026-03-27 as an award (coded "A" on the Form 4). The units were reported at $0.00 per share (total reported value $0) because they represent dividend-equivalent rights (DERs) tied to previously granted restricted stock units (RSUs), not a cash purchase.
Key Details
- Transaction date: 2026-03-27; reported on Form 4 filed 2026-03-30 (appears timely).
- Security: Dividend Equivalent Rights (DERs) that each correspond to one contingent share of BWXT common stock.
- Amount acquired: 11.73 DERs; reported price: $0.00; reported total value: $0.
- Shares owned after transaction: not disclosed in the provided filing excerpt.
- Footnote: The DERs accrued on four RSU grants for which Richardson elected to defer receipt. Each RSU and DER is a contingent right to one share; DERs will be delivered proportionately with the deferred RSUs.
Context These DERs are derivative awards reflecting dividend equivalents on deferred RSUs and do not represent an open-market purchase or immediate sale of stock. Such awards are common compensation mechanics for executives/directors and do not by themselves indicate a buying or selling signal in the market.
Insider Transaction Report
- Award
Dividend Equivalent Rights
[F1]2026-03-27+11.73→ 323.96 total→ Common Stock (11.73 underlying)
Footnotes (1)
- [F1]The dividend equivalent rights accrued on four 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.