Form 4: Badger Meter CEO Kenneth Bockhorst Donates Shares to Charitable Foundation
SEC Form 4 Filing
Kenneth Bockhorst, Chairman, President & CEO of Badger Meter Inc, reports gifting 1,365 shares of common stock to a charitable family foundation on June 3, 2024.
Summary
- On June 3, 2024, Kenneth Bockhorst, the Chairman, President, and CEO of Badger Meter Inc., transferred 1,365 shares of common stock.
- The transaction was a bona fide gift to a charitable family foundation.
- Following the transaction, Bockhorst directly owns 39,126 shares of Badger Meter Inc.
Sentiment
Score: 5
Explanation: The document is a neutral report of a stock transaction. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This filing is a routine disclosure of a transaction by a company insider and doesn't necessarily reflect a change in the company's outlook or performance. It is common for executives to donate shares to charitable organizations.
Stakeholder Impact
- The donation of shares to a charitable foundation may have a minor positive impact on the company's reputation.
Key Dates
| Date | Description |
|---|---|
| 06/03/2024 | Date of the stock transaction (gift of shares). |
| 06/05/2024 | Date of signature on the Form 4 filing. |
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