Burbach Gerhard F 4
Research Summary
AI-generated summary
BWXT Director Gerhard F. Burbach Receives 762 RSU Award
What Happened
Gerhard F. Burbach, a director of BWX Technologies, Inc. (BWXT), received a grant of 762 restricted stock units (RSUs) on 2026-04-30. The RSUs were reported as acquired at $0.00 (award/derivative); they vested immediately but the reporting person elected to defer receipt of the underlying shares. No cash was paid by the insider.
Key Details
- Transaction date: 2026-04-30; Form 4 filed 2026-05-04 (timely filing).
- Transaction type/code: A — Award/Grant of derivative security (RSUs).
- Quantity: 762 RSUs reported at $0.00.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: Each RSU is a contingent right to one share of BWXT common stock. Vested RSUs will be delivered in one lump sum two years following termination of service on the Board per the insider’s deferral election.
Context
RSU grants are a common form of equity compensation for directors and executives; they are not purchases (which might signal bullish intent) nor sales. Because the vested RSUs are being deferred, no shares will be delivered to the insider immediately, and no immediate market transaction occurred.