Form 4: Badger Meter Executive Matthew L. Stuyvenberg Reports Changes in Beneficial Ownership

Matthew L. Stuyvenberg, Vice President of Software & WQ at Badger Meter, reports acquisition of common stock through the company's ESSOP.

Summary

• Matthew L. Stuyvenberg, a Vice President at Badger Meter Inc., filed a Form 4 on January 23, 2025, reporting changes in beneficial ownership of the company's stock.
• The report indicates that Stuyvenberg acquired 34.7 shares of common stock through the company's Employee Stock Ownership Plan (ESSOP) at a price of $212.12 per share.
• Following the transaction, Stuyvenberg directly owns 0 shares and indirectly owns 1,241.91 shares through the ESSOP.
• The reported transaction reflects share equivalents of Badger Meter stock accumulated during 2024 and early 2025 in the participant's unitized 401(k) component of the ESSOP, including contributions and match.
• The year-end stock price of $212.12 for Badger Meter Common Stock was used to calculate the ESSOP unitized share equivalents.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects routine insider activity related to employee benefits and alignment with shareholder interests.

Positives

• The acquisition of shares through the ESSOP indicates Stuyvenberg's participation in the company's employee stock ownership plan.
• Increased ownership aligns Stuyvenberg's interests with those of the shareholders.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates an executive's participation in the company's stock ownership plan, which is a common practice.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns management's interests with theirs.

Key Dates