Yes it is. It's a bit odd to have separate "pieces of rotation" in it.
personally I'm not a fan of the split wedge design. A Flex wedge to me is a more reliable design with the same benefits.
Not sure if you noticed but the backseat bushing is 316 sst while the rest of the valve is 347 sst.
Also the bill of material says the gasket is spiral wound but the gasket pictured is a ring joint gasket