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, Inc., reports the disposition of 5,043 shares of common stock to cover tax liabilities on restricted stock units, leaving him with 124,367.7458 shares beneficially owned.
Summary
- On February 26, 2024, Steven S. Heinrichs, the EVP, CFO, CLO and CCO of Mueller Water Products, Inc., disposed of 5,043 shares of common stock.
- The transaction was executed to cover the tax liability associated with the vesting of restricted stock units.
- The price per share was $15.75.
- Following the transaction, Heinrichs beneficially owns 124,367.7458 shares of Mueller Water Products, Inc., which includes 9,761.75 shares acquired under the Employee Stock Purchase Plan.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their trading activities. This filing indicates a routine transaction related to tax obligations on vested equity.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Date of stock transaction (disposal of shares). |
| 02/28/2024 | Date of signature on the Form 4 filing. |
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