Form 4: Badger Meter VP-Controller Daniel R. Weltzien Reports Acquisition of 936 Shares of Common Stock
SEC Form 4 Filing
Daniel R. Weltzien, VP-Controller of Badger Meter Inc., reports the acquisition of 936 shares of common stock following the vesting of Performance Stock Units (PSUs).
Summary
- Daniel R. Weltzien, VP-Controller at Badger Meter Inc., filed a Form 4 on February 14, 2025, reporting a transaction involving the company's common stock.
- On February 13, 2025, Weltzien acquired 936 shares of common stock.
- This acquisition resulted from the vesting of Performance Stock Units (PSUs) granted on March 4, 2022, for the 2022-2024 performance period.
- The PSUs were subject to the achievement of certain performance criteria, which were met and approved by the Compensation and Human Resources Committee of the Board on February 13, 2025.
- The earned value of these shares is now subject to vesting, which will occur on March 4, 2025.
- Following the reported transaction, Weltzien beneficially owns 4,903 shares of Badger Meter Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of an insider transaction related to compensation. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives and their alignment with shareholder interests.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| March 4, 2022 | Reporting Person was granted Performance Stock Units (PSUs) for the 2022-2024 performance period. |
| February 13, 2025 | The Compensation and Human Resources Committee of the Board approved the achievement of performance criteria for the PSUs. |
| February 13, 2025 | Transaction date for the acquisition of 936 shares of common stock. |
| February 14, 2025 | Date of Form 4 filing. |
| March 4, 2025 | Vesting date for the earned shares from the PSUs. |
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