Form 4: Badger Meter Director Melanie K. Cook Reports Acquisition of Common Stock

Director Melanie K. Cook acquired 452 shares of Badger Meter Inc. common stock at $185.76 per share on April 29, 2024, and now directly owns 1,791 shares.

Summary

• On April 29, 2024, Melanie K. Cook, a director of Badger Meter Inc., acquired 452 shares of common stock at a price of $185.76 per share.
• The acquisition was part of the annual grant of Badger Meter Common Stock to non-employee directors under the 2021 Omnibus Incentive Plan.
• This year's grant is equal to $80,000, rounded down to the nearest whole share based on a 10-day average closing price of the company's common stock.
• Following the transaction, Melanie K. Cook directly owns 1,791 shares of Badger Meter Inc. common stock.

Sentiment

Score: 7

Explanation: Director's stock acquisition is generally a positive sign, indicating confidence in the company. The transaction is part of a pre-existing compensation plan, so it's not unexpected.

Positives

• The acquisition of shares by a director signals confidence in the company's future prospects.
• The annual grant to non-employee directors aligns their interests with those of shareholders.

Industry Context

Insider transactions are closely monitored as they can provide insights into the company's performance and future prospects. Director's acquisitions are generally viewed positively.

Stakeholder Impact

• The acquisition of shares by a director can positively influence shareholder sentiment.

Key Dates