Form 4: Badger Meter VP Fred J. Begale Reports Stock Award Vesting
SEC Form 4 Filing
VP of Engineering at Badger Meter, Fred J. Begale, reports the vesting of Performance Stock Units (PSUs) and subsequent acquisition of common stock.
Summary
- Fred J. Begale, VP of Engineering at Badger Meter, filed a Form 4 detailing changes in beneficial ownership.
- On February 13, 2025, PSUs granted on March 4, 2022, vested, resulting in the acquisition of 936 shares of common stock.
- These PSUs were subject to performance criteria for the 2022-2024 period, with the earned amount approved by the Compensation and Human Resources Committee on February 13, 2025.
- The vesting of these shares will occur on March 4, 2025.
- Begale also reported the disposal of 3,117 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The vesting of PSUs may have a minor positive impact on shareholder sentiment as it aligns executive compensation with company performance.
Key Dates
| Date | Description |
|---|---|
| 2022/03/04 | Reporting Person was granted Performance Stock Units (PSUs) |
| 2025/02/13 | Compensation and Human Resources Committee approved the earned value of PSUs |
| 2025/02/14 | Date of signature for the Form 4 filing |
| 2025/03/04 | Vesting date for the earned shares |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.