secwatch.observer — SEC 8-K summary
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Issuer:     BWX Technologies, Inc. (BWXT)
CIK:        0001486957
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0001486957-25-000035
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BWXT grants CEO Rex Geveden $5.5M special performance awards tied to 2025-2027 targets
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- Special grant of PSUs ($2.2M) and NQPSOs ($3.3M) to CEO Geveden, target value $5.5M.
- PSUs cliff vest Dec 31, 2027, based on cumulative revenue (50%) and EBITDA margin expansion (50%) targets; payout 0-150%.
- NQPSOs cliff vest Dec 31, 2027, based on total shareholder return vs S&P Aerospace & Defense Select Index; payout 0-150%.
- PSU award excludes retirement-related vesting provisions otherwise applicable to Geveden.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1486957/000148695725000035/0001486957-25-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1486957/000148695725000035/bwxt-20250502.htm
  HTML page:      https://secwatch.observer/filing/0001486957-25-000035

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