Form 4: BWX Technologies Executive Whitford Jr. Reports Stock Transactions
SEC Form 4 Filing
Ronald Owen Whitford Jr., SVP, General Counsel and Secretary of BWX Technologies, reports the vesting and subsequent disposal of performance restricted stock units (PRSUs) and associated tax withholding.
Summary
- On February 21, 2025, Ronald Owen Whitford Jr., SVP, General Counsel and Secretary of BWX Technologies, Inc., reported transactions involving the company's common stock.
- Whitford vested 3,615 performance restricted stock units (PRSUs) which converted into common stock.
- Simultaneously, 1,588 shares were disposed of to cover tax obligations at a price of $104.82 per share.
- Following these transactions, Whitford directly owns 11,596 shares of BWX Technologies, Inc.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard executive compensation practices. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 02/18/2022 | Date performance restricted stock units (PRSU) were awarded. |
| 01/01/2022 | Start of the performance period for the awarded PRSUs. |
| 12/31/2024 | End of the performance period for the awarded PRSUs. |
| 02/21/2025 | Date of transaction: vesting of PRSUs and disposal of shares for tax obligations. |
| 02/24/2025 | Date of signature for the Form 4 filing. |
Keywords
BWX Technologies, BWXT, Ronald Owen Whitford Jr., Form 4, SEC Filing, Insider Trading, Performance Restricted Stock Units, PRSUs, Stock Options, Vesting, Tax Withholding, Common Stock, Beneficial Ownership
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