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 and subsequent disposal of restricted stock units on February 18, 2025.
Summary
- On February 18, 2025, Kevin M. McCoy, Pres., Government Operations at BWX Technologies, Inc., reported transactions involving the company's stock.
- McCoy exercised 1,064 restricted stock units (RSUs) that vested.
- Simultaneously, McCoy disposed of 502 shares of common stock to cover tax obligations at a price of $106.83 per share.
- Following these transactions, McCoy directly owns 2,186 shares of BWX Technologies common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment. It's a neutral disclosure of activity.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor potential insider sentiment and activity.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding executive compensation and stock ownership.
- The disposal of shares to cover tax obligations has a minor impact on the overall market supply of BWX Technologies stock.
Key Dates
| Date | Description |
|---|---|
| 02/18/2023 | Beginning of the three-year vesting period for the restricted stock units in equal annual installments. |
| 02/18/2025 | Date of the reported transactions: exercise of RSUs and disposal of shares. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.