Form 4: Mueller Water Products Director, Shirley C. Franklin, Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Director Shirley C. Franklin reports acquisition of 4,672 Restricted Stock Units in Mueller Water Products, Inc.
Summary
- On February 6, 2025, Shirley C. Franklin, a director of Mueller Water Products, Inc., reported acquiring 4,672 Restricted Stock Units (RSUs).
- These RSUs represent 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.
- Following the transaction, Franklin directly owns 12,048 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, reporting a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The acquisition of RSUs is a common form of executive compensation.
Stakeholder Impact
- The acquisition of RSUs by a director could be perceived positively by shareholders as it aligns the director's interests with the company's long-term performance.
Key Dates
| Date | Description |
|---|---|
| 02/06/2025 | Date of transaction: Acquisition of Restricted Stock Units |
| 02/07/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, Mueller Water Products, MWA, Restricted Stock Units, Director, Beneficial Ownership, Shirley C. Franklin
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