Stoll Kimberly K 4

What Happened

Kimberly K. Stoll, VP–Customer Service & GM SmartCover at Badger Meter (BMI), reported two transactions on March 6, 2026. She sold 143 shares in an open-market sale at $144.50 per share for proceeds of $20,664. On the same date she was granted 410 restricted shares (award), listed as an acquisition (no dollar price reported).

The sale is an open-market disposition (routine sell). The 410 restricted shares were granted as compensation and will vest ratably over three years from the grant date.

Key Details

• Transaction dates: March 6, 2026 (both sale and award). Filing date: March 10, 2026 (timely filed within required period).
• Sale: 143 shares at $144.50 per share; total proceeds ≈ $20,664.
• Award: 410 restricted shares granted (acquisition), grant price not applicable/not reported.
• Vesting: Restricted stock vests ratably over three years from March 6, 2026 (per footnote).
• Shares owned after transaction: not specified in the provided filing excerpt.
• No 10b5-1 plan, tax-withholding, or late-filing flags noted in the provided details.

Context

Restricted stock awards are a form of compensation that typically vest over time and do not immediately increase the insider’s liquid holdings until vesting; the grant here vests over three years. Open-market sales are common insider transactions and, by themselves, do not necessarily indicate a view on company prospects.