Form 4: BWX Technologies Executive Kevin McCoy Reports Stock Transactions
SEC Form 4 Filing
Kevin McCoy, a BWX Technologies executive, reported the vesting and subsequent disposal of shares related to performance-based restricted stock units.
Summary
- On February 21, 2025, Kevin McCoy, President of Government Operations at BWX Technologies, reported transactions involving the company's common stock.
- McCoy acquired 7,229 shares of common stock upon the vesting of performance restricted stock units (PRSUs) awarded on February 18, 2022.
- Simultaneously, McCoy disposed of 3,150 shares to cover tax obligations at a price of $104.82 per share.
- Following these transactions, McCoy directly owns 6,265 shares of BWX Technologies common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.
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 the actions of those with privileged information.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| February 18, 2022 | Date performance restricted stock units (PRSUs) were awarded. |
| January 1, 2022 December 31, 2024 | Performance period for the awarded PRSUs. |
| February 21, 2025 | Date of stock transactions (vesting of PRSUs and disposal of shares). |
| February 24, 2025 | Date of signature on the Form 4 filing. |
Keywords
BWX Technologies, Kevin McCoy, Form 4, Stock Transaction, Performance Restricted Stock Units, PRSU, Beneficial Ownership, Government Operations
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