Form 4: Mueller Water Products VP and CAO, Suzanne G. Smith, Reports Stock Transaction
SEC Form 4 Filing
Suzanne G. Smith, VP and CAO of Mueller Water Products, Inc., reported a transaction involving the withholding of shares to cover tax liabilities and shares acquired through the employee stock purchase plan.
Summary
- Suzanne G. Smith, a VP and CAO at Mueller Water Products, Inc., filed a Form 4 indicating a transaction on December 2, 2024.
- The transaction involved the withholding of 337 common stock shares to cover tax liabilities related to the lapse of restrictions on restricted stock units.
- The price per share for the tax withholding was $25.58.
- Following the transaction, Ms. Smith beneficially owns 5,871.2708 shares of common stock.
- This total includes 757.27 shares acquired through the company's Employee Stock Purchase Plan.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing and does not indicate any positive or negative sentiment. It is a neutral event.
Positives
- The report indicates participation in the Employee Stock Purchase Plan, which is a positive sign of employee engagement and alignment with company performance.
Industry Context
This is a routine filing related to insider transactions and is common for publicly traded companies. It does not indicate any specific trend in the industry.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
- The transaction is a common occurrence for employees who receive stock-based compensation.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine tax withholding and employee stock purchase plan activity.
Key Dates
| Date | Description |
|---|---|
| 12/02/2024 | Date of the reported stock transaction. |
| 12/04/2024 | Date the Form 4 was signed by the Attorney-in-Fact. |
Keywords
Form 4, insider trading, stock transaction, Mueller Water Products, employee stock purchase plan, tax withholding, beneficial ownership, MWA, Suzanne G. Smith
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