Form 4: Mueller Water Products Director Reports Acquisition of Phantom Stock

Director Michael T. Tokarz reports acquisition of phantom stock in Mueller Water Products, Inc.

Summary

• On April 1, 2024, Michael T. Tokarz, a director of Mueller Water Products, Inc., acquired 1,177.21 shares of phantom stock.
• The phantom stock is the economic equivalent of common stock.
• The shares were acquired at a price of $15.7.
• Following the transaction, Tokarz beneficially owns 228,323.6267 shares of phantom stock directly.
• The phantom stock becomes payable in cash upon termination of service as a director.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a transaction by a company director. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which is common in publicly traded companies. It provides transparency into the actions of company directors.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding director's holdings.

Key Dates