4Filed Aug 12, 8:00 PM ET
Babcock & Wilcox (BW) CEO Kenneth M. Young Buys 7,000 Shares
$BW · Babcock & Wilcox Enterprises, Inc.Research Summary
AI-generated summary of this SEC filing
Babcock & Wilcox (BW) CEO Kenneth M. Young Buys 7,000 Shares
What Happened
Kenneth M. Young, CEO of Babcock & Wilcox Enterprises, purchased 7,000 shares on 2026-08-12 at $9.65 per share, for a total cost of $67,550. The Form 4 reports this as a purchase (transaction code P), listed as an open-market or private purchase.
Key Details
- Transaction date: 2026-08-12; filing date: 2026-08-13 (timely filing).
- Price: $9.65 per share; Shares acquired: 7,000; Total value: $67,550.
- Transaction code: P (purchase).
- Shares owned after the transaction: not specified in the provided filing.
- Footnote: Shares are held of record by the "Kenneth M. Young Revocable Trust U/A 5/8/15" (per F1).
- No indication of option exercise, gift, or tax withholding in this report; not marked as late.
Context
This is a straight purchase by an executive—such buys are often watched by investors as a sign of insider confidence, though the filing does not state the insider’s motivation. The record-of-holding note indicates the shares are held in a revocable trust rather than directly in Young’s name.