Form 4: Mueller Water Products SVP Acquires Shares & Options

Mueller Water Products' SVP of Sales & Marketing, Scott P. Floyd, reported the acquisition of common stock, restricted stock units, and stock options as part of compensation plans.

Summary

• Scott P. Floyd, SVP, Sales & Marketing at Mueller Water Products, Inc. (MWA), acquired 26,427 shares of Common Stock on December 2, 2025, through the vesting of performance-based restricted stock units.
• These performance-based units were earned based on the company's rTSR and ROIC performance over a three-year period under the Amended and Restated 2006 Stock Incentive Plan.
• An additional 5,364 Restricted Stock Units were granted on December 2, 2025, under the Second Amended and Restated 2006 Stock Incentive Plan, vesting in three equal annual installments starting one year from the grant date.
• Floyd also acquired 16,488 Stock Options on December 2, 2025, with an exercise price of $24.46 and an expiration date of December 2, 2035.
• These stock options will vest in three equal annual installments on the anniversary of the grant date.
• Following these transactions, Floyd beneficially owns 88,105.3653 shares of Common Stock, 37,098 Restricted Stock Units, and 16,488 Stock Options.
• The transactions were made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 7

Explanation: The sentiment is positive as an executive is acquiring shares and options, aligning their interests with shareholders. The transactions are part of expected compensation plans, reflecting normal business operations and performance achievement.

Positives

• The acquisition of common stock, restricted stock units, and stock options by a Senior Vice President aligns management's interests with those of shareholders, indicating confidence in the company's future.
• The performance-based nature of the 26,427 common shares acquired suggests the company met specific rTSR and ROIC targets over the three-year performance period.

Future Outlook

The filing details future vesting schedules for granted restricted stock units and stock options, indicating a multi-year incentive structure for the executive.

Industry Context

This insider transaction reflects standard executive compensation practices within publicly traded companies, where equity grants are used to incentivize long-term performance and align executive interests with shareholder value creation.

Stakeholder Impact

• Shareholders: The acquisition of shares and options by a senior executive can be viewed positively, as it aligns management's financial interests with shareholder value creation and demonstrates confidence in the company's future performance.
• Employees: The existence of stock incentive plans and an Employee Stock Purchase Plan (as referenced in footnote 2) indicates a broader strategy to incentivize employees through equity ownership.

Next Steps

• The Restricted Stock Units (5,364 units) will vest in three equal annual installments beginning on the first anniversary of the grant date (December 2, 2026).
• The Stock Options (16,488 options) will vest in three equal annual installments on the anniversary of the grant date (December 2, 2026).

Key Dates

Keywords

Mueller Water Products, MWA, Insider Transaction, Form 4, Stock Options, Restricted Stock Units, Executive Compensation, Equity Grant, Performance-based Equity