Form 4: Badger Meter Executive Matthew Stuyvenberg Reports Stock Transactions
SEC Form 4 Filing
Matthew Stuyvenberg, a Vice President at Badger Meter, reports the acquisition and disposal of common stock related to performance stock units (PSUs).
Summary
- Matthew L. Stuyvenberg, a Vice President at Badger Meter Inc., filed a Form 4 detailing changes in beneficial ownership.
- On February 13, 2025, Stuyvenberg acquired 746 shares of common stock related to Performance Stock Units (PSUs) granted on March 4, 2022, for the 2022-2024 performance period.
- The shares were earned based on the achievement of certain performance criteria and approved by the Compensation and Human Resources Committee of the Board.
- Also on February 13, 2025, Stuyvenberg disposed of 4,102 shares of common stock upon the vesting of PSUs granted on March 4, 2022.
- The earned value of the 746 shares is subject to vesting, which will occur on March 4, 2025.
- The PSUs convert into common stock on a one-for-one basis.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in insider ownership.
Key Dates
| Date | Description |
|---|---|
| 2022-03-04 | Reporting Person was granted Performance Stock Units ('PSUs') |
| 2025-02-13 | Transaction date for acquisition and disposal of shares |
| 2025-02-14 | Date of signature for the Form 4 filing |
| 2025-03-04 | Vesting date for the earned shares |
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