Form 4: Badger Meter VP-Engineering Acquires Shares Through ESSOP

Fred J. Begale, VP-Engineering at Badger Meter, acquired shares of common stock through the company's Employee Stock Ownership Plan (ESSOP).

Summary

• On January 23, 2025, Fred J. Begale, VP-Engineering at Badger Meter, acquired shares of Badger Meter common stock through the company's ESSOP.
• The transaction involved the acquisition of 120.2 shares at a price of $212.12 per share.
• Following the transaction, Begale beneficially owns 7,312.2 shares indirectly through the ESSOP.
• The price was calculated using the year-end stock price for Badger Meter Common Stock used to calculate the ESSOP unitized share equivalents.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction related to employee compensation. There is no indication of significant positive or negative implications for the company.

Positives

• The acquisition of shares by a company officer can be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

This type of transaction is common for employees participating in company stock ownership plans. It reflects a standard practice of aligning employee incentives with company performance.

Stakeholder Impact

• The transaction has a minor positive impact on stakeholders as it aligns management's interests with those of shareholders.

Key Dates