Form 4: Mueller Water Products VP Suzanne G. Smith Reports Changes in Beneficial Ownership

Suzanne G. Smith, VP and CAO of Mueller Water Products, reports a transaction involving common stock due to tax liability on restricted stock units.

Summary

• On August 26, 2024, Suzanne G. Smith, VP and CAO of Mueller Water Products, Inc., reported a transaction involving the company's common stock.
• 562 shares were disposed of to cover tax liability on the lapse of restrictions on restricted stock units at a price of $20.89.
• Following the transaction, Smith directly owns 4,504.2547 shares of common stock, which includes 755.25 shares acquired under the Employee Stock Purchase Plan.

Sentiment

Score: 5

Explanation: This is a routine filing related to tax obligations, so it doesn't strongly indicate positive or negative sentiment. It's a neutral event.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor potential insider sentiment and activity.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it reflects an insider's stock activity related to tax obligations.

Key Dates