Form 4: Badger Meter Director Tessa M. Myers Reports Acquisition of Common Stock

Sentiment:

SEC Form 4 Filing


Director Tessa M. Myers acquired 494 shares of Badger Meter Inc. common stock on April 28, 2025, as part of the company's 2021 Omnibus Incentive Plan.

Summary

  • On April 28, 2025, Tessa M. Myers, a director of Badger Meter Inc., acquired 494 shares of common stock.
  • The acquisition was made under the company's 2021 Omnibus Incentive Plan.
  • The price per share was $215.78.
  • Following the transaction, Myers directly owns 4,961 shares of Badger Meter Inc. common stock.
  • The shares were granted as part of the annual grant to non-employee directors, valued at $100,000 based on a 10-day average closing price.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects a routine transaction under a pre-existing compensation plan, indicating alignment between the director and shareholder interests.

Positives

  • The acquisition reflects continued director investment in the company.
  • The grant is part of a pre-existing compensation plan, providing transparency.

Industry Context

Director stock acquisitions are common and often viewed positively as they align management's interests with those of shareholders. This transaction is part of a pre-defined compensation plan.

Stakeholder Impact

  • The acquisition aligns the director's interests with those of shareholders.

Key Dates

DateDescription
04/30/2021Shareholders approved the 2021 Omnibus Incentive Plan.
04/28/2025Tessa M. Myers acquired 494 shares of Badger Meter Inc. common stock.
04/29/2025Date of signature for the Form 4 filing.

Keywords

Badger Meter, Director, Stock Acquisition, Form 4, Tessa M. Myers, Omnibus Incentive Plan, Common Stock

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