Htwe Richard 4

What Happened
Richard Htwe, VP—Global Operations at Badger Meter (BMI), was granted 3,370 shares on February 5, 2026. The reported acquisition price was $148.71 per share, for a total reported value of $501,153. This transaction is an award/grant (Form 4 transaction code A), i.e., an acquisition of shares rather than a sale.

Key Details

• Transaction date: 2026-02-05; Form 4 filed: 2026-02-06 (timely filing).
• Transaction type: Award/Grant (code A).
• Shares acquired: 3,370 at $148.71 per share; total value ≈ $501,153.
• Shares owned after transaction: Not disclosed in the provided filing details.
• Notable footnotes: The provided filing details do not indicate a 10b5-1 plan, tax withholding, or other special footnotes.
• Filing timeliness: Filed the next day (no late-filing indication in the provided data).

Context
This was a compensation-related share award (an acquisition), which increases insider ownership but may be subject to vesting or transfer restrictions not detailed here. Awards differ from open-market purchases and do not, by themselves, explain an insider’s view of short-term stock direction.