Company: BWXT
Filing Date: 2025-03-19
Form Type: DEF 14A
Source: 0001486957-25-000016
Chunk: 54

Company: BWX Technologies, Inc.
Filing Date: 2025-03-19
Form: DEF 14A
Chunk 54
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 of performance restricted stock units to Adm. McCoy. See "Special Performance Grant for Adm. McCoy" below for a discussion of amounts included in this row.

Estimated Future Payouts Under Non-Equity Incentive Plan Awards

The amounts shown in this column reflect the threshold, target and maximum pay opportunities for each Named Executive under the EICP for 2024. Generally, EICP payout depends on three principal factors: (i) financial, safety and individual performance; (ii) the Named Executive’s target percentage; and (iii) the Named Executive’s earnings from base salary. For 2024, the target percentage for each Named Executive is set forth in the table to the right.

| Named Executive         |     | Target Percentage 
 (% of Salary)     |
| Rex D. Geveden          |     | 115%              |
| Robb A. LeMasters       |     | 75%               |
| Kevin M. McCoy          |     | 70%               |
| Robert L. Duffy         |     | 65%               |
| Ronald O. Whitford, Jr. |     | 65%               |

#### 422025 PROXY STATEMENT
| COMPENSATION OF EXECUTIVE OFFICERS |

The amounts reflected in the “target” column of the “Grants of Plan Based Awards” table represent the value of the payout opportunity under the EICP at target financial and safety performance levels. All threshold, target and maximum amounts reported in the table above assume that our Named Executives receive no individual performance adjustments and our Compensation Committee exercises no discretion over the annual incentive compensation award ultimately paid. See “Compensation Discussion and Analysis — Compensation Analysis and Outcomes — Annual Incentive Compensation” above for more information about the 2024 EICP awards and performance goals.

Estimated Future Payouts Under Equity Incentive Plan Awards

With the exception of the award described in "Special Performance Grant for Adm McCoy" section below, the amounts shown reflect the threshold, target and maximum payout opportunities of performance restricted stock units granted in 2024 under the 2020 Plan. Each grant represents a right to receive one share of BWXT common stock if performance targets are met. Upon vesting, the performance restricted stock units are settled into shares of BWXT common stock. The amount of performance restricted stock units that vest, if any, is determined based (1) 40% on the Company’s cumulative adjusted EBITDA during the three