Company: BWNB
Filing Date: 2025-04-11
Form Type: PRE 14A
Source: 0001104659-25-034242
Chunk: 59

Company: Babcock & Wilcox Enterprises, Inc.
Filing Date: 2025-04-11
Form: PRE 14A
Chunk 59
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 ​                                    | ​ | — | ​ | ​ | ​ | ​                                               | ​ |       — | ​ | ​ |
| ​ | ​            | ​ | ​ | ​         | ​ | 8/5/2024   | ​      | ​ | ​ | ​                   | ​ | 8/5/2024   | ​          | ​ | ​ | ​                                                               | ​ |       — | ​         | ​ | ​ | ​ | ​ |         — | ​      | ​ | ​ | ​ | ​ |       — | ​       | ​ | ​ | ​                                                               | ​ | — | ​ | ​ | ​ | ​ | ​ | — | ​ | ​ | ​ | ​ | ​ | — | ​ | ​ | ​ | ​                                                       | ​ |  80,000 | ​ | ​ | ​ | ​                                    | ​ | — | ​ | ​ | ​ | ​                                               | ​ |  92,000 | ​ | ​ |

(1) These columns include, for each NEO, the NEO’s long-term cash incentive plan opportunity awarded in 2024 (reported on the first row for each NEO) and the NEO’s 2024 annual cash incentive opportunity (reported on the second row for each NEO). (2) Except for the 130,000 shares reported for Mr. Salamone (see below), this column represents the number of time-based RSUs granted in 2024. The vesting of RSUs is subject to continued employment through the date of vesting. For additional information, See “Compensation Discussion and Analysis — Equity Incentive Awards” above. The 130,000 restricted stock units reported for Mr. Salamone represents the accelerated vesting pursuant to Mr. Salamone’s consulting agreement of a restricted stock unit award previously granted to him (see “Employment Agreement and Severance Arrangements” below). (3) This column represents the aggregate grant date fair value of equity awards granted in 2024, calculated in accordance with FASB ASC Topic 718. See footnote (3) to the Summary Compensation Table. Employment Agreement and Severance Arrangements Through November 2024, Mr. Young’s services to the Company were provided pursuant to independent contractor agreements with the B. Riley Affiliate and OpenSky, LLC, as previously described. We entered into an Employment Agreement with Mr. Young on November 8, 2024 that took effect on December 1, 2024. The Employment Agreement provides