Form 4: Mueller Water Products EVP, CFO, CLO and CCO Steven S. Heinrichs Reports Stock Transaction
SEC Form 4 Filing
Steven S. Heinrichs, EVP, CFO, CLO and CCO of Mueller Water Products, reports a transaction involving the withholding of shares to cover tax liability on restricted stock units.
Summary
- On August 26, 2024, Steven S. Heinrichs, EVP, CFO, CLO and CCO of Mueller Water Products, Inc., reported a transaction.
- 4,493 shares of common stock were disposed of at a price of $20.89 per share to cover tax liability on the lapse of restrictions on restricted stock units.
- Following the transaction, Heinrichs beneficially owns 135,838.2842 shares of common stock, which includes 10,922.28 shares acquired under the Mueller Water Products, Inc. Employee Stock Purchase Plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the withholding of shares for tax purposes, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 08/26/2024 | Date of the reported transaction where shares were withheld to cover tax liability. |
| 08/28/2024 | Date of signature for the Form 4 filing. |
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