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 and subsequent disposal of shares related to performance restricted stock units.
Summary
- On February 21, 2025, Robb A. LeMasters, SVP & Chief Financial Officer of BWX Technologies, Inc. (BWXT), reported transactions involving the company's common stock.
- LeMasters acquired 14,457 shares of common stock upon the vesting of performance restricted stock units (PRSUs).
- Simultaneously, LeMasters disposed of 6,520 shares to cover tax obligations at a price of $104.82 per share.
- Following these transactions, LeMasters directly owns 39,731 shares of BWXT common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives receiving stock-based compensation. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they represent a small portion of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 2022-02-18 | Date performance restricted stock units (PRSUs) were awarded. |
| 2022-01-01 | Start of the performance period for the PRSUs. |
| 2024-12-31 | End of the performance period for the PRSUs. |
| 2025-02-21 | Date of the reported transactions: vesting of PRSUs and disposal of shares. |
| 2025-02-24 | Date of signature on the Form 4 filing. |
Keywords
BWX Technologies, BWXT, Robb A. LeMasters, Form 4, SEC Filing, Stock Transaction, Performance Restricted Stock Units, PRSU, Vesting, Tax Obligations, Insider Trading
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