Transaction overview
Cameron M. Frymyer, chief financial officer of Babcock & Wilcox Enterprises, Inc. (NYSE: BW), reported an open-market purchase on March 18, 2026. Frymyer acquired 1,285 shares of the companys common stock at $14.76 per share, for a total cash outlay of $18,966.
RSU conversion and tax withholding
On the same date, Frymyer exercised 225,000 restricted stock units (RSUs), which converted into an equivalent number of common shares. In connection with the RSU vesting, the issuer withheld 100,350 shares to satisfy tax obligations; the withheld shares were valued at $1,054,678 based on a per-share price of $10.51. The total value attributed to the exercised RSUs at $10.51 per share was $2,364,750. The converted RSUs vested immediately on the grant date and the converted shares were acquired upon that conversion.
Post-transaction ownership
Following the combination of the market purchase and the RSU conversion, Frymyer is reported to directly own 324,143 shares of Babcock & Wilcox Enterprises, Inc.
Quarterly financial results
Separately, the company disclosed fourth-quarter 2025 results that outperformed analyst estimates. Babcock & Wilcox recorded a loss per share of $0.05, which compared favorably with the expected loss per share of $0.0667, representing a positive surprise of 25.04 percent. Revenue for the period was $161 million, above the analyst projection of $158.97 million.
The report noted that these earnings and revenue figures exceeded the projections set by analysts. The company did not report any mergers or acquisitions in the recent disclosures, and there were no analyst upgrades or downgrades mentioned in the same reports.
Context and investor considerations
The filings and results provide a contemporaneous view of executive activity and quarterly performance. The RSU conversion and associated withholding are mechanical steps related to vesting and tax obligations. The companys fourth-quarter metrics, while still reflecting a loss on a per-share basis, numerically exceeded the consensus estimates referenced in the disclosure.
Note: The information above reflects the transactions and quarterly results as reported in the company filings and disclosures.