Young Kenneth M 4

4 · Babcock & Wilcox Enterprises, Inc. · Filed Mar 18, 2026

AI-generated summary of this filing

Updated Mar 18, 2026

Babcock & Wilcox (BW) CEO Kenneth Young Exercises RSUs, Buys Shares

What Happened

Kenneth M. Young, CEO of Babcock & Wilcox Enterprises (BW), converted/exercised 250,000 restricted stock units (RSUs) into common shares on 2026-03-16, resulting in acquisition of 250,000 shares at $10.51 each (aggregate value $2,627,500). To satisfy tax withholding obligations, 119,625 of those shares were withheld by the issuer (disposition valued at $1,257,259). Separately, on 2026-03-18 he purchased 7,000 shares in the open market at about $15.14 each (total ~$106,015).
The RSUs were granted and vested immediately on 2026-03-16 (each RSU converts to one share). The open-market purchase is a direct buy (a purchase can be interpreted as a more bullish signal than routine withholding).

Key Details

Transaction dates and prices:
- 2026-03-16: RSU grant/vest and conversion/exercise — 250,000 shares @ $10.51 (acquired; $2,627,500 aggregate).
- 2026-03-16: Tax withholding — 119,625 shares withheld @ $10.51 (disposed; $1,257,259 aggregate).
- 2026-03-18: Open-market purchase — 7,000 shares @ weighted avg $15.14 (acquired; $106,015). Per the filing, those market purchases were executed at prices ranging $15.10–$15.15.
Shares owned after transaction: Not specified in the information provided in this summary (refer to the Form 4 for post-transaction holdings).
Notable footnotes:
- F1: Shares were withheld by the issuer to cover the reporting person’s tax withholding on RSU vesting.
- F4/F5: Each RSU represents the right to one common share under the company’s long-term incentive plan; these RSUs vested immediately on the grant date.
- F2: The market purchase price is a weighted average; multiple trades between $15.10–$15.15.
Filing timeliness: Report filed 2026-03-18 for transactions dated 2026-03-16 — appears timely (Form 4 is typically due within two business days).

Context

For retail investors: the main activity here is an executive converting vested RSUs into shares (routine compensation settlement) with a substantial portion withheld to meet tax obligations, plus a small open-market purchase (7,000 shares) that represents an additional personal buy. Exercises/conversions of RSUs followed immediate vesting (not an option exercise requiring cash payment) and the withholding is a common tax-related disposition.

Form 4

Period: 2026-03-16

DirectorChief Executive Officer

Transactions

Exercise/Conversion
Common Stock
2026-03-16$10.51/sh+250,000$2,627,500→ 1,769,137 total
Tax Payment
Common Stock
[F1]
2026-03-16$10.51/sh−119,625$1,257,259→ 1,649,512 total
Purchase
Common Stock
[F2]
2026-03-18$15.14/sh+7,000$106,015→ 1,656,512 total
Award
Restricted Stock Units
[F4][F5]
2026-03-16+250,000→ 250,000 total
→ Common Stock (250,000 underlying)
Exercise/Conversion
Restricted Stock Units
[F4][F5]
2026-03-16−250,000→ 0 total
→ Common Stock (250,000 underlying)

Holdings

Footnotes (5)

[F1]Represents shares of common stock withheld by the Issuer pursuant to the terms of the award to pay tax withholding obligations of the Reporting Person upon the vesting of the RSUs.
[F2]The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $15.10 to $15.15, inclusive. The reporting person undertakes to provide full information regarding the number of shares purchased at a particular price upon request from SEC staff, the issuer or a shareholder of issuer.
[F3]Held of record by the Kenneth M. Young Revocable Trust U/A 5/8/15.
[F4]Each restricted stock unit (RSU) is granted pursuant to Babcock & Wilcox Enterprises, Inc. Amended and Restated Long-Term 2021 Incentive Plan and represents a contingent right to receive one share of BW common stock.
[F5]RSUs vest immediately on grant date.

Signature

/s/ John J. Dziewisz, attorney-in-fact for Kenneth M. Young|2026-03-18

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