BWXT Reports Executive/Director Changes, Compensation Arrangements

TL;DR

**BWXT filed an 8-K on Jan 3, 2024, signaling executive or director changes and new compensation plans.**

AI Summary

BWX Technologies, Inc. filed an 8-K on January 3, 2024, to report an event related to the "Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers." This filing indicates changes in leadership or executive compensation, which can signal strategic shifts or impact future financial performance. Investors should pay attention to the specifics of these changes as they can affect the company's stability and direction, potentially influencing stock valuation.

Why It Matters

Changes in executive leadership or compensation can signal strategic shifts, impact company stability, and influence investor confidence, directly affecting the stock's perceived value.

Risk Assessment

Risk Level: medium — Changes in executive leadership or compensation can introduce uncertainty, but the specific details are not yet disclosed, making the risk moderate.

Analyst Insight

A smart investor would monitor subsequent filings or company announcements for specific details regarding the executive changes and compensation arrangements, as these will provide the necessary context to assess the impact on BWX Technologies, Inc.'s future performance and stock value.

Key Players & Entities

• BWX Technologies, Inc. (company) — registrant filing the 8-K
• January 3, 2024 (date) — date of earliest event reported and filing date
• Delaware (company) — state of incorporation for BWX Technologies, Inc.
• 001-34658 (dollar_amount) — Commission File Number
• 80-0558025 (dollar_amount) — IRS Employer Identification No.
• 800 Main Street, 4th Floor Lynchburg, Virginia 24504 (company) — address of principal executive offices
• 980-365-4300 (dollar_amount) — registrant's telephone number

FAQ

Key Financial Figures

• $0.01 — ange on which registered Common Stock, $0.01 par value BWXT New York Stock Exchange
• $155,000 — to increase the annual equity award to $155,000 for all directors in May 2023. Ms. Pias

Filing Documents

• bwxt-20240103.htm (8-K) — 36KB
• exhibit991newdirectorpiase.htm (EX-99.1) — 9KB
• erheadera.jpg (GRAPHIC) — 51KB
• 0001486957-24-000006.txt ( ) — 243KB
• bwxt-20240103.xsd (EX-101.SCH) — 2KB
• bwxt-20240103_lab.xml (EX-101.LAB) — 24KB
• bwxt-20240103_pre.xml (EX-101.PRE) — 12KB
• bwxt-20240103_htm.xml (XML) — 3KB

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits 10.1 Form of Director and Officer Indemnification Agreement entered into between the Company and each of its directors and selected officers effective July 1, 2015 (incorporated by reference to Exhibit 10.15 to the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2015 (File No. 1-34658)). 99.1 Press Release dated January 3 , 202 4 . 101.INS XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document. 101.SCH XBRL Taxonomy Extension Schema Document 101.CAL XBRL Taxonomy Extension Calculation Linkbase Document 101.DEF XBRL Taxonomy Extension Definition Linkbase Document 101.LAB XBRL Taxonomy Extension Label Linkbase Document 101.PRE XBRL Taxonomy Extension Presentation Linkbase Document 104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BWX TECHNOLOGIES, INC. By: /s/ Mike T. Fitzgerald Mike T. Fitzgerald Vice President, Finance and Chief Accounting Officer January 3, 2024

View Full Filing

View this 8-K filing on SEC EDGAR