Form 4: Mueller Water Products Director Acquires Phantom Stock
SEC Form 4 Filing
Director Michael T. Tokarz acquired phantom stock in Mueller Water Products, Inc. on May 20, 2024.
Summary
- On May 20, 2024, Michael T. Tokarz, a director of Mueller Water Products, Inc., acquired phantom stock equivalent to 765.46 shares of common stock.
- The price per share of the phantom stock is $19.09.
- Following the transaction, Tokarz beneficially owns 229,089.0867 shares of phantom stock.
- The phantom stock becomes payable in cash upon the termination of Tokarz's service as a director.
Sentiment
Score: 5
Explanation: This is a routine filing reflecting a director's acquisition of phantom stock, which is a fairly neutral event.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 05/20/2024 | Date of phantom stock acquisition |
| 05/22/2024 | Date of Form 4 filing |
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