Form 4: Badger Meter Director Receives Stock Grant
Statement of Changes in Beneficial Ownership
Badger Meter Director Glen E. Tellock received a stock grant valued at $125,000 as part of the company's annual director compensation plan.
Summary
- Director Glen E. Tellock 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 stock grant was $125,000, calculated based on a 10-day average closing price of $122.96 per share.
- Following this transaction, Mr. Tellock beneficially owns 8,551 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine director stock grant and does not contain new financial performance data or strategic shifts.
Positives
- Director compensation aligns with shareholder-approved incentive plans.
- Annual stock grants for directors demonstrate a commitment to aligning director interests with shareholders.
- The grant is based on a 10-day average closing price, providing a market-based valuation.
Future Outlook
The filing does not contain forward-looking statements or guidance.
Industry Context
StockSavvy.ai notes that annual stock grants to directors are a common practice in the water technology industry, aligning executive and director compensation with shareholder value and company performance.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Director Compensation Plan | Annual grant of Badger Meter Common Stock to non-employee directors on the first business day following the Company's annual meeting. | 04/27/2026 | Reinforces alignment of director interests with shareholders through equity ownership. |
Stakeholder Impact
- Shareholders: The grant aligns director interests with shareholders by increasing their equity stake in the company.
- Directors: Receives compensation in the form of company stock, reflecting their role and responsibilities.
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 of the signature on the filing. |
Keywords
Badger Meter, Glen E. Tellock, Form 4, SEC Filing, Stock Grant, Director Compensation, Omnibus Incentive Plan, Common Stock
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.