Form 4: Mueller Water Products Director Lydia W. Thomas Executes Stock Option and Sells Shares
SEC Form 4 Filing
Director Lydia W. Thomas of Mueller Water Products exercised stock options and sold shares on November 18, 2024.
Summary
- Lydia W. Thomas, a director at Mueller Water Products, exercised stock options to acquire 10,791 shares of common stock at a price of $9.97 per share on November 18, 2024.
- On the same day, Ms. Thomas sold 10,791 shares of common stock at an average price of $24.3988 per share, with individual sales ranging from $24.370 to $24.420.
- Following these transactions, Ms. Thomas directly owns 136,405 shares of Mueller Water Products common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing insider transactions, which is neither positive nor negative in itself.
Industry Context
This is a routine filing related to insider transactions and is common for publicly traded companies. It does not indicate any specific trend in the water infrastructure industry.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
- The transactions are typical for directors who receive stock options as part of their compensation.
Stakeholder Impact
- The transactions have a minor impact on the overall shareholding structure of the company.
Key Dates
| Date | Description |
|---|---|
| 11/18/2024 | Date of stock option exercise and share sale by Lydia W. Thomas. |
| 01/28/2025 | Expiration date of the stock options exercised. |
| 11/20/2024 | Date of signature on the Form 4 filing. |
Keywords
stock options, insider trading, share sale, Form 4, Mueller Water Products, director, equity securities
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