Form 4: Badger Meter Director Henry F. Brooks Reports Acquisition of Common Stock

Director Henry F. Brooks reports acquisition of 494 shares of Badger Meter Inc. common stock at $215.78 per share.

Summary

• On April 28, 2025, Henry F. Brooks, a director of Badger Meter Inc., acquired 494 shares of common stock.
• The shares were acquired at a price of $215.78 per share.
• Following the transaction, Brooks directly owns 2,285 shares of Badger Meter Inc.
• The acquisition was made pursuant to the company's 2021 Omnibus Incentive Plan, which was 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 positive as it reflects a routine transaction related to director compensation, indicating confidence in the company's stock.

Positives

• The acquisition of shares by a director signals confidence in the company's future.
• The grant is part of the 2021 Omnibus Incentive Plan, aligning director interests with shareholder value.

Future Outlook

The document does not contain specific forward-looking statements, but the grant of shares suggests continued alignment of director interests with company performance.

Industry Context

Director share acquisitions are common in publicly traded companies as part of compensation packages and to align management interests with shareholders. This is a routine transaction.

Comparison to Industry Standards

• Director compensation packages often include stock grants to align their interests with shareholders, similar to practices at companies like Roper Technologies and Xylem Inc.
• The value of the grant ($100,000) is within the typical range for director equity compensation at companies of similar size and market capitalization.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director interests with company performance.

Key Dates

Keywords

Badger Meter, Director, Henry F. Brooks, Common Stock, Acquisition, Omnibus Incentive Plan, Share Grant