Stuyvenberg Matthew L 4

What Happened Matthew L. Stuyvenberg, EVP—SaaS International Utility & Commercial at Badger Meter (BMI), received a grant of 451 restricted shares on March 6, 2026. The award was granted (code A) under the company's 2021 Omnibus Incentive Plan; no purchase price is reported (N/A) because this is a compensation grant rather than an open-market transaction.

Key Details

• Transaction date: 2026-03-06 (reported on Form 4 filed 2026-03-10). Filing appears timely under the two-business-day rule.
• Transaction type/code: Award/Grant (A). Shares: 451 restricted stock units; price: N/A; total value: N/A on the filing.
• Vesting: Restricted stock vests ratably over three years from the grant date (per footnote).
• Plan: Granted under the 2021 Omnibus Incentive Plan.
• Shares owned after transaction: Not specified in this Form 4.

Context Restricted stock awards are a form of compensation subject to vesting and possible forfeiture until vested; they are not the same as an open-market purchase and do not directly indicate immediate bullish selling behavior. This filing reports a routine compensation grant to an executive rather than a purchase or sale.