Company: BWXT
Filing Date: 2025-03-19
Form Type: DEF 14A
Source: 0001486957-25-000016
Chunk: 26

Company: BWX Technologies, Inc.
Filing Date: 2025-03-19
Form: DEF 14A
Chunk 26
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 are made each year on the date of our Annual Meeting of Stockholders. The awards of restricted stock units were granted on May 3, 2024 under our 2020 Plan and vested immediately on the date of grant. Directors are required to retain shares equivalent to five times (5x) the annual cash retainer pursuant to our stock ownership requirements. As a result, all of our non-employee directors own equity in the Company.

The amounts reported in the “Stock Awards” column represent the grant date fair value computed in accordance with FASB ASC Topic 718. Grant date fair values are determined using the closing price of our common stock on the date of grant. Each non-employee director received an annual equity grant of 1,592 restricted stock units on May 3, 2024 with a grant date fair value of $154,965 based on the closing price of our common stock of $97.34 per share. There were no unvested stock awards or unexercised option awards (whether or not exercisable) held by the non-employee directors as of December 31, 2024. No option awards were granted to directors in 2024.

Under our Incentive Plan, directors may elect to defer payment of all or a portion of their stock awards. Ms. Piasecki and Messrs. Jaska, Krieg, Melvin, Nardelli and Richardson each elected to defer 100% of their 2024 stock awards. No other directors made a deferral election with respect to their stock awards in 2024. Amounts reported in the Director Compensation Table include amounts deferred in 2024.

All Other Compensation . We have a travel and reimbursement policy pursuant to which we reimburse directors for travel and other expenses incurred in connection with business of the Board. The presence of a director’s spouse may be appropriate or necessary at certain meetings, conferences or other business-related functions. In those cases, pursuant to our policy, we pay the travel, meals and other expenses of the director’s spouse incurred while attending such functions. Pursuant to our reimbursement policy, to the extent the expenses of a spouse are imputed to the director as income, we will also reimburse the director for the taxes resulting from any such imputed income. In 2024, there were no incremental costs to the Company to provide reimbursement for spousal travel, meals, activities and other expenses under our policy.

#### 2025 PROXY STATEMENT19
| NAMED EXECUTIVE PROFILES