Form 4: Badger Meter VP Acquires Restricted Stock Under Incentive Plan
SEC Form 4 Filing
Sheryl Hopkins, VP of Human Resources at Badger Meter, acquired 430 shares of restricted stock on March 7, 2025, under the company's 2021 Omnibus Incentive Plan.
Summary
- On March 7, 2025, Sheryl Hopkins, VP of Human Resources at Badger Meter, acquired 430 shares of common stock.
- This acquisition was made under the 2021 Omnibus Incentive Plan as restricted stock.
- The restricted stock vests ratably over three years from the grant date.
- Following the transaction, Hopkins directly owns 4,657 shares of Badger Meter stock.
Sentiment
Score: 7
Explanation: The document reflects a standard executive compensation practice, indicating stability and alignment of interests. It's a neutral event with a slightly positive undertone due to the incentive structure.
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
Grants of restricted stock are a common practice in executive compensation packages to incentivize performance and retain key personnel within a company.
Stakeholder Impact
- Shareholders may view the grant of restricted stock positively as it aligns management's interests with long-term company performance.
- Employees may see this as a positive sign of investment in leadership.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Date of transaction: Sheryl Hopkins acquired 430 shares of restricted stock. |
| 03/11/2025 | Date of signature on the Form 4 filing. |
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