secwatch.observer — SEC 8-K summary
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Issuer:     BWX Technologies, Inc. (BWXT)
CIK:        0001486957
Form:       8-K
Filed at:   2025-01-10T23:59:59+00:00
Accession:  0001486957-25-000003
Event type: other
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BWXT grants 10,000 PSUs to CFO LeMasters with vesting tied to 2027 performance and acquisition targets
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- PSU grant of 10,000 units to EVP & CFO Robb A. LeMasters; fair value $1.15 million.
- Cliff vesting on or after Dec. 31, 2027, contingent on revenue, adj. EBITDA, and FCF CAGR targets.
- Separate cumulative EBITDA metrics for Aerojet Ordnance Tennessee and Kinectrics acquisitions (each 20% weight).
- Potential payout range per metric: 0% to 200%; designed for long-term retention and shareholder value.
- Award follows the form of prior PSU grant agreement incorporated by reference from Q1 2024 10-Q.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1486957/000148695725000003/0001486957-25-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1486957/000148695725000003/bwxt-20250109.htm
  HTML page:      https://secwatch.observer/filing/0001486957-25-000003

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer