Form 4: Badger Meter Inc. Executive William R.A. Bergum Reports Acquisition of Common Stock
SEC Form 4 Filing
William R.A. Bergum, VP-Gen. Counsel and Secretary of Badger Meter Inc., reports acquiring 430 shares of common stock on March 7, 2025, through a restricted stock grant.
Summary
- On March 7, 2025, William R.A. Bergum, VP-Gen. Counsel and Secretary of Badger Meter Inc., acquired 430 shares of common stock.
- The acquisition was a result of a restricted stock grant under the 2021 Omnibus Incentive Plan.
- The restricted stock vests ratably over three years from the grant date.
- Following the transaction, Bergum directly owns 13,139 shares of Badger Meter Inc. common stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The filing indicates standard executive compensation practices, aligning management interests with shareholders through stock ownership.
Positives
- The grant of restricted stock aligns the executive's interests with those of the shareholders.
- The vesting schedule encourages long-term commitment from the executive.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which is important for maintaining market confidence.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders by aligning executive compensation with company performance.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Date of the transaction: acquisition of 430 shares of common stock and grant date of restricted stock. |
| 03/11/2025 | Date of signature on the Form 4 filing. |
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