Weltzien Daniel R 4
Research Summary
AI-generated summary
Badger Meter (BMI) VP‑CFO Daniel R. Weltzien Receives Restricted Stock
What Happened Daniel R. Weltzien, VP‑CFO & Treasurer of Badger Meter, received a grant of 738 restricted shares on March 6, 2026. To cover tax withholding related to the grant, 41 shares were surrendered (disposed) at $148.85 per share, generating $6,103. The award is reported as an "A" (award/grant) and the withholding as "F" (tax payment/share withholding).
Key Details
- Transaction date: March 6, 2026; Form 4 filed March 10, 2026 (filed within the standard two business‑day window).
- Grant: 738 restricted shares (no per‑share price for award reported).
- Tax withholding: 41 shares withheld/disposed at $148.85 each for a total of $6,103.
- Vesting: Footnote states the restricted stock vests ratably over three years from the grant date.
- Shares owned after the transactions: not disclosed in the provided filing excerpt.
- Transaction codes: A = Award/Grant; F = Tax withholding via share surrender.
Context This filing shows a typical restricted stock grant with shares withheld to satisfy tax obligations — a routine compensation event rather than an open‑market purchase or sale expressing market sentiment. The multi‑year vesting schedule indicates the award is intended for retention/longer‑term alignment with the company.