Form 4: Badger Meter Director Glen E. Tellock Reports Acquisition of Common Stock

Director Glen E. Tellock reports acquiring 494 shares of Badger Meter Inc. common stock at $215.78 per share.

Summary

• On April 28, 2025, Glen E. Tellock, a director of Badger Meter Inc., acquired 494 shares of common stock at a price of $215.78 per share.
• This acquisition increased Tellock's total holdings to 7,599 shares.
• The shares were granted under the 2021 Omnibus Incentive Plan, approved by shareholders on April 30, 2021.
• Non-employee directors receive an annual grant of Badger Meter Common Stock on the first business day following the company's annual meeting.
• This year's grant is equal to $100,000, rounded down to the nearest whole share based on a 10-day average closing price of the company's common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a director increasing their stake in the company, which is generally seen as a good sign. The transaction is part of a pre-defined compensation plan, reducing the impact of the news.

Positives

• The director's acquisition of shares demonstrates confidence in the company's future.
• The grant is part of a shareholder-approved incentive plan, aligning director interests with shareholder value.

Industry Context

Insider transactions are closely monitored as they can provide insights into management's perspective on the company's prospects; director stock acquisitions are generally viewed positively.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment.

Key Dates

Keywords

Badger Meter, Director, Glen E. Tellock, Stock Acquisition, Omnibus Incentive Plan, Common Stock, Form 4, SEC Filing