BWX Technologies Exec Joseph Miller Acquires Vested RSUs
BWX Technologies, Inc.
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Filing Summary
BWX Technologies Exec Joseph Miller Acquires Vested RSUs
Company: BWX Technologies, Inc. (BWXT)
Form: 4 | Filed: 2026-09-02
Significance: Low
Insider: Miller Joseph Kirwan Title: Pres., Government Operations | Relationship: Officer
Transaction: • Type: Tax Withholding / RSU Vesting • Shares Withheld: 1,523 • Price: $152.29 • Value: $231,937.67 • Owned After: 7,098 shares
Key Insight: Routine vesting of 3,379 RSUs with 1,523 shares withheld to satisfy statutory tax obligations, resulting in a net addition of 1,856 shares.
Market Context: Transaction represents less than 0.002% of BWXT's $14.05B market cap and has negligible market impact.
Comprehensive Analysis
SEC Filing Analysis: BWX Technologies, Inc. (BWXT)
Executive Summary
- Trading Significance: Low
- Key Takeaway: Joseph Kirwan Miller, President of Government Operations, acquired 3,379 common shares through RSU vesting and surrendered 1,523 shares at $152.29 ($231,938 value) to cover tax withholding.
- Market Impact: Neutral; routine compensation-related transaction with negligible dilution and market effect.
Company Information
| Field | Value |
|---|---|
| Company | BWX Technologies, Inc. |
| Ticker Symbol | BWXT |
| CIK | 0001486957 |
| Industry | Engines & Turbines [3510] |
Insider Information
| Field | Value |
|---|---|
| Name | Miller Joseph Kirwan |
| CIK | 0002076159 |
| Title/Position | Pres., Government Operations |
| Relationship | Officer |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 4 |
| Transaction Date | 2026-09-01 |
| Transaction Code | F (Tax Withholding) / M (Option/RSU Exercise) |
| Security Type | Common Stock |
| Shares Involved | 1,523 (Withheld) / 3,379 (Vested) |
| Price Per Share | $152.29 |
| Total Value | $231,937.67 |
| Shares Owned After | 7,098 |
| Ownership Type | Direct |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value (Withheld) | $231,937.67 |
| % of Market Cap | ~0.0017% |
| Shares Transacted (Withheld) | 1,523 |
| % of Shares Outstanding | ~0.0017% |
| Post-Transaction Ownership | 7,098 shares (~0.0078% of outstanding) |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: With a market cap of $14.05 billion and 91.61 million shares outstanding, this $231.9K tax withholding is well below materiality thresholds.
- Ownership Concentration: Insider ownership remains modest at 7,098 direct shares.
- Dilution Impact: Minimal dilution as RSUs were already accounted for in fully diluted share counts.
- Transaction Significance: Low significance, representing standard equity compensation vesting schedule activity.
Market Impact Analysis
- Stock Impact Prediction: Neutral. Routine administrative vesting event with mandatory tax withholding.
- Expected Volume Impact: Negligible to none.
- Sentiment Indicator: Neutral.
Additional Context
- Timing: RSUs vested on September 1, 2026 per award agreement terms.
- Special Circumstances: Transaction Code F indicates automatic share withholding for tax liability rather than open-market discretionary selling.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.