Company: BWXT
Filing Date: 2025-03-19
Form Type: 10-K/A
Source: 0001486957-25-000015
Chunk: 125

Company: BWX Technologies, Inc.
Filing Date: 2025-03-19
Form: 10-K/A
Chunk 125
---
 end of period       |     |        |  58 |     | $         |  53.91 |     |             |     | 6.5 |     | $             | 3.3 |

The aggregate intrinsic value included in the table above represents the total pre-tax intrinsic value that would have been received by the option holders had all option holders exercised their options on December 31, 2024. The intrinsic value is calculated as the total number of option shares multiplied by the difference between the closing price of our common stock on the last trading day of the period and the exercise price of the options. This amount changes based on the price of our common stock.

During the years ended December 31, 2024, 2023 and 2022, the total intrinsic value of stock options exercised was $1.7 million, $2.8 million and $1.2 million, respectively. The actual tax benefits realized related to the stock options exercised during the year ended December 31, 2024 totaled $0.4 million.

<div align='center'>79</div>

#### Restricted Stock Units
Nonvested restricted stock units as of December 31, 2024 and changes during the year ended December 31, 2024 were as follows (share data in thousands):

|                                  |     | Number 
 of     
 Shares |      |     | Weighted-  
 Average    
 Grant Date 
 Fair Value |       |
|:---------------------------------|:----|:-------|-----:|:----|:-----------|------:|
| Nonvested at beginning of period |     |        |  223 |     | $          | 55.47 |
| Granted                          |     |        |   70 |     | $          | 99.51 |
| Vested                           |     |        | -125 |     | $          | 59.61 |
| Cancelled/forfeited              |     |        |   -8 |     | $          | 68.00 |
| Nonvested at end of period       |     |        |  160 |     | $          | 71.80 |

The actual tax benefits realized related to the restricted stock units vested during the year ended December 31, 2024 totaled $2.1 million.

#### Performance Shares
Nonvested performance shares as of December 31, 2024 and changes during the year ended December 31, 2024 were as follows (share data