Form 4: Mueller Water Products Executive Paul McAndrew Reports Stock Transaction
SEC Form 4 Filing
Paul McAndrew, President and COO of Mueller Water Products, reports a transaction involving common stock to cover tax liability on restricted stock units.
Summary
- On February 24, 2025, Paul McAndrew, President and COO of Mueller Water Products, engaged in a transaction involving the company's common stock.
- A total of 6,714 shares were disposed of at a price of $25.05 per share.
- This transaction was executed to cover the tax liability associated with the vesting of restricted stock units.
- Following the reported transaction, McAndrew directly owns 46,782 shares of Mueller Water Products common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions for tax purposes, and does not indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates that the executive is managing their tax obligations related to equity compensation.
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 |
|---|---|
| 02/24/2025 | Date of stock transaction (disposal of shares). |
| 02/26/2025 | Date of signature by Attorney-in-Fact. |
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