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

Melanie K. Cook, a director at Badger Meter Inc., reported acquiring 494 shares of common stock on April 28, 2025, at a price of $215.78 per share.

Summary

• On April 28, 2025, Melanie K. Cook, a director of Badger Meter Inc., acquired 494 shares of common stock.
• The shares were acquired at a price of $215.78 per share.
• This acquisition increased Cook's direct ownership to 2,285 shares.
• The shares were granted pursuant to the 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 document reflects a routine transaction (stock grant to a director), which is generally viewed as a neutral to slightly positive indicator of management's confidence in the company.

Positives

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

Industry Context

Director stock acquisitions are common and are viewed as a positive sign, indicating confidence in the company's performance and future prospects. This is a routine filing related to director compensation.

Comparison to Industry Standards

• Director compensation packages often include stock grants to align their interests with shareholders, a common practice among publicly traded companies.
• The value of the grant, $100,000, is within the typical range for director compensation at companies of similar size and industry to Badger Meter.
• Companies like Roper Technologies and Xylem, which operate in similar industrial sectors, also utilize stock grants as part of their director compensation packages.

Stakeholder Impact

• The stock acquisition by a director can positively influence shareholder sentiment.
• The grant aligns the director's interests with those of the shareholders.

Key Dates

Keywords

Badger Meter, Director, Stock Acquisition, Melanie K. Cook, Omnibus Incentive Plan, Common Stock, Share Grant