Form 4: Badger Meter SVP-CFO Robert Wrocklage Reports Acquisition of 2,731 Shares Via Performance Stock Units

Robert Wrocklage, SVP-CFO of Badger Meter Inc., reports the acquisition of 2,731 shares of common stock following the vesting of Performance Stock Units (PSUs).

Summary

• On February 13, 2025, Robert Wrocklage, the SVP-CFO of Badger Meter Inc., reported acquiring 2,731 shares of common stock.
• These shares were obtained through the vesting of Performance Stock Units (PSUs) granted on March 4, 2022, for the performance period of 2022-2024.
• The vesting was approved by the Compensation and Human Resources Committee of the Board on February 13, 2025, and the shares are subject to vesting on March 4, 2025.
• The PSUs convert into common stock on a one-for-one basis.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive as the vesting of PSUs suggests the achievement of performance goals, indicating a healthy company performance. The acquisition of shares by a key executive further reinforces this positive outlook.

Positives

• The vesting of PSUs indicates that performance criteria for the 2022-2024 period were met, suggesting positive performance for Badger Meter.
• The acquisition of shares by a key executive can be seen as a sign of confidence in the company's future prospects.

Future Outlook

The earned value of the shares is now subject to vesting, which will occur on March 4, 2025.

Industry Context

Executive stock ownership is a common practice in publicly traded companies to align management's interests with those of shareholders. Form 4 filings are a standard part of regulatory compliance for reporting changes in beneficial ownership.

Stakeholder Impact

• The vesting of PSUs and subsequent acquisition of shares by the SVP-CFO could positively influence shareholder confidence.
• Employees may view the achievement of performance goals and executive stock ownership as a positive sign for the company's future.

Key Dates