Form 4: Badger Meter VP-Sales & Marketing, Kimberly K. Stoll, Reports Acquisition of Common Stock
SEC Form 4 Filing
Kimberly K. Stoll, VP-Sales & Marketing at Badger Meter, reports the acquisition of 1,123 shares of common stock following the vesting of Performance Stock Units (PSUs).
Summary
- Kimberly K. Stoll, VP-Sales & Marketing at Badger Meter, filed a Form 4 on February 14, 2025.
- The report details the acquisition of 1,123 shares of Badger Meter's common stock on February 13, 2025.
- These shares were acquired through the vesting of Performance Stock Units (PSUs) granted on March 4, 2022, for the 2022-2024 performance period.
- The vesting is subject to both performance achievement approval and continued employment through March 4, 2025.
- Following the reported transaction, Stoll directly owns 4,984 shares of Badger Meter's common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects a standard transaction related to executive compensation. The vesting of PSUs suggests that performance targets were met, which is a slightly positive indicator.
Positives
- The vesting of PSUs indicates that performance criteria for the 2022-2024 period were met, suggesting positive performance for Badger Meter.
Future Outlook
The earned value of these shares is now subject to vesting, which will occur on March 4, 2025.
Industry Context
This filing is a routine disclosure related to executive compensation and equity ownership, common in publicly traded companies.
Stakeholder Impact
- The vesting of PSUs aligns management's interests with those of shareholders, potentially incentivizing value creation.
Key Dates
| Date | Description |
|---|---|
| 2022/03/04 | Reporting Person was granted Performance Stock Units ('PSUs') |
| 2025/02/13 | Shares acquired as a result of the achievement of performance criteria and approved by the Compensation and Human Resources Committee of the Board |
| 2025/02/14 | Date of Form 4 filing |
| 2025/03/04 | Vesting date of the earned shares |
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