Form 4: BWX Technologies Executive Kevin M. McCoy Reports Stock Transactions
SEC Form 4 Filing
Kevin M. McCoy, a BWX Technologies executive, reported the vesting of restricted stock units and subsequent tax withholding.
Summary
- On February 28, 2025, Kevin M. McCoy, Pres., Government Operations at BWX Technologies, Inc., reported transactions involving common stock and restricted stock units (RSUs).
- McCoy acquired 496 shares of common stock upon the vesting of RSUs.
- Simultaneously, 141 shares were disposed of to cover tax obligations at a price of $102.13 per share.
- Following these transactions, McCoy directly owns 6,986 shares of common stock and 992 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard executive compensation practices. It doesn't inherently indicate positive or negative sentiment.
Future Outlook
The RSUs vest in three equal annual installments beginning February 28, 2025, suggesting continued equity-based compensation for the reporting person.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of earliest transaction (vesting of RSUs and tax withholding) |
| 02/28/2025 | RSUs vest in three equal annual installments beginning this date |
| 03/04/2025 | Date of signature on the Form 4 filing |
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