Form 4: Badger Meter VP Sheryl Hopkins Reports Stock Transactions Following PSU Vesting
SEC Form 4 Filing
Sheryl Hopkins, VP of Human Resources at Badger Meter, reports the acquisition and disposal of common stock following the vesting of Performance Stock Units (PSUs).
Summary
- Sheryl Hopkins, VP of Human Resources at Badger Meter, filed a Form 4 detailing changes in beneficial ownership.
- On February 13, 2025, Hopkins acquired 936 shares of common stock upon the vesting of Performance Stock Units (PSUs) granted on March 4, 2022, for the 2022-2024 performance period.
- The vesting was based on the achievement of certain performance criteria and approved by the Compensation and Human Resources Committee of the Board on February 13, 2025.
- Hopkins also disposed of 4,227 shares of common stock.
- The earned value of the 936 shares is now subject to vesting, which will occur on March 4, 2025.
- PSUs convert into common stock on a one-for-one basis.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, 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 transaction may have a minor impact on shareholders due to the change in stock ownership by a company executive.
- The vesting of PSUs incentivizes the executive to continue driving company performance.
Key Dates
| Date | Description |
|---|---|
| 03/04/2022 | Reporting Person was granted Performance Stock Units ('PSUs') |
| 02/13/2025 | PSU vesting approved by the Compensation and Human Resources Committee |
| 02/13/2025 | Date of stock transaction |
| 02/14/2025 | Date of Form 4 filing |
| 03/04/2025 | PSUs vesting date |
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