Form 4: Badger Meter VP-Global Operations, Richard Htwe, Reports Stock Grant and Disposal

Richard Htwe, VP-Global Operations at Badger Meter, reports the acquisition of restricted stock and disposal of common stock on March 1, 2024.

Summary

• Richard Htwe, VP-Global Operations at Badger Meter, filed a Form 4 on March 4, 2024, reporting changes in beneficial ownership.
• On March 1, 2024, Htwe acquired 508 shares of common stock through a restricted stock grant under the 2021 Omnibus Incentive Plan.
• The restricted stock vests ratably over three years from the grant date.
• On the same day, Htwe disposed of 1,133 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, with neutral sentiment. The stock disposal could be seen as slightly negative, but the stock grant balances this out.

Positives

• The acquisition of restricted stock indicates confidence in the company's future performance.

Negatives

• The disposal of 1,133 shares could be interpreted negatively, although the reason for disposal is not specified.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives.

Stakeholder Impact

• Shareholders may be interested in the insider trading activity of company executives.

Key Dates