Form 4: Mueller Water Products Director Niclas Ytterdahl Acquires Restricted Stock Units
SEC Form 4 Filing
Director Niclas Ytterdahl acquired 7,376 restricted stock units of Mueller Water Products, Inc. on February 28, 2024.
Summary
- On February 28, 2024, Niclas Ytterdahl, a director of Mueller Water Products, Inc., acquired 7,376 restricted stock units.
- The restricted stock units were acquired at a price of $0.0000.
- Following the transaction, Ytterdahl directly owns 7,376 restricted stock units.
- 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 disclosure of an insider transaction. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Future Outlook
The restricted stock units will vest on the first anniversary of the grant date, converting into shares of Mueller Water Products common stock.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the actions of company directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of transaction: Niclas Ytterdahl acquired restricted stock units. |
| 02/29/2024 | Date of signature: Barbara A. Smucygz, Attorney-in-Fact, signed the document. |
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