Form 4: Badger Meter Director Receives Stock Grant
Director Stock Grant
Director James W. McGill of Badger Meter Inc. received a stock grant valued at $125,000 on April 27, 2026.
Summary
- Director James W. McGill was granted 952 shares of Badger Meter Common Stock on April 27, 2026.
- The grant was made under the 2021 Omnibus Incentive Plan, approved by shareholders on April 30, 2021.
- The value of the annual grant for non-employee directors is $125,000, rounded down to the nearest whole share.
- The share price used for the grant was based on a 10-day average closing price of $122.96.
- Following this transaction, Mr. McGill beneficially owns 4,893 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine director compensation event rather than a significant strategic or financial development.
Positives
- Director compensation aligns with shareholder-approved incentive plans.
- Grant is based on a 10-day average closing price, reflecting recent market performance.
- Director McGill's beneficial ownership increases, indicating continued commitment.
Future Outlook
The filing does not contain specific forward-looking statements or guidance beyond the details of the stock grant.
Industry Context
StockSavvy.ai notes that director stock grants are a common practice in the water technology industry to align executive and director interests with those of shareholders and incentivize long-term performance.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Director Compensation Plan | Annual stock grant awarded to non-employee directors under the 2021 Omnibus Incentive Plan. | 04/27/2026 | Standard practice to retain and incentivize directors. |
Stakeholder Impact
- Shareholders: The grant reinforces alignment between director compensation and company performance, as the value is tied to the stock price.
Key Dates
| Date | Description |
|---|---|
| 04/30/2021 | Date shareholders approved the 2021 Omnibus Incentive Plan. |
| 04/27/2026 | Date of the stock grant transaction. |
| 04/29/2026 | Date the Form 4 was signed. |
Keywords
Badger Meter, BMI, Form 4, Stock Grant, Director Compensation, Omnibus Incentive Plan, Beneficial Ownership
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