Form 4: BWX Technologies SVP LeMasters Reports Stock Transactions
SEC Form 4 Filing
Robb A. LeMasters, SVP & Chief Financial Officer of BWX Technologies, reports the vesting of restricted stock units and associated tax withholding.
Summary
- On February 18, 2025, Robb A. LeMasters, SVP & Chief Financial Officer of BWX Technologies, Inc. (BWXT), reported transactions involving common stock and restricted stock units.
- 2,129 restricted stock units vested, which were converted into common stock.
- 1,010 shares were disposed of to cover tax obligations at a price of $106.83 per share.
- Following these transactions, LeMasters directly owns 31,794 shares of BWXT common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation. It doesn't indicate any specific positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It is a standard practice for executives to receive and vest stock-based compensation.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the vesting of previously granted stock units and a small sale to cover taxes.
Key Dates
| Date | Description |
|---|---|
| 02/18/2023 | Beginning of vesting period for restricted stock units in three equal annual installments. |
| 02/18/2025 | Date of transaction: vesting of restricted stock units and tax withholding. |
Keywords
BWX Technologies, BWXT, Robb A. LeMasters, Form 4, Insider Trading, Stock Transaction, Restricted Stock Units, Tax Withholding, Beneficial Ownership
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