Form 4: BWX Technologies Director John M. Richardson Reports Changes in Beneficial Ownership

Director John M. Richardson reports changes in beneficial ownership of BWX Technologies, Inc. due to dividend equivalent rights accruing on restricted stock units.

Summary

• On September 5, 2024, John M. Richardson, a director of BWX Technologies, Inc., reported changes in his beneficial ownership.
• The changes are due to the accrual of 21.39 dividend equivalent rights (DERs) on four restricted stock unit (RSU) grants.
• Richardson has elected to defer receipt of the shares underlying the RSUs.
• Each RSU and DER represents a contingent right to receive one share of BWXT common stock.
• The DERs will be delivered to Richardson proportionately with the RSUs to which they relate.
• Following the transaction, Richardson directly owns 230.45 derivative securities.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to changes in beneficial ownership. It doesn't contain information that would significantly impact investor sentiment positively or negatively.

Future Outlook

The DERs will be delivered to the reporting person proportionately with the RSUs to which they relate.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider, as required by the SEC. It doesn't necessarily reflect a significant event for the company or the industry.

Key Dates