Form 4: Mueller Water Products Director Acquires Restricted Stock Units
SEC Form 4 Filing
Director Terry Bentina Chisolm acquired 4,758 restricted stock units in Mueller Water Products, Inc.
Summary
- On February 7, 2025, Terry Bentina Chisolm, a director of Mueller Water Products, Inc., acquired 4,758 restricted stock units.
- The restricted stock units were acquired at a price of $0.0000.
- Each restricted stock unit represents a contingent right to receive one share of Mueller Water Products, Inc. Common Stock when the restrictions lapse on the first anniversary of the grant date.
Sentiment
Score: 5
Explanation: This is a neutral event, simply reporting an insider transaction. It doesn't inherently indicate positive or negative sentiment.
Future Outlook
The restricted stock units will vest one year from the grant date, converting into shares of Mueller Water Products, Inc. common stock.
Industry Context
This is a routine disclosure of insider transactions, common for directors and officers of publicly traded companies.
Stakeholder Impact
- The acquisition of restricted stock units by a director could be perceived positively by shareholders, aligning the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/07/2025 | Date of transaction: Terry Bentina Chisolm acquired restricted stock units. |
| 02/10/2025 | Date of signature for the Form 4 filing. |
Keywords
restricted stock units, director, MWA, Mueller Water Products, acquisition, Form 4, insider trading
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