Callahan Edward F. 4

What Happened

• Edward F. Callahan, Vice President — Engineering at Badger Meter, was granted 328 restricted shares on March 6, 2026. The filing lists the transaction as an award/grant (code A); no purchase price or aggregate value is provided (listed as N/A). This is a compensation grant rather than an open-market buy or sale.

Key Details

• Transaction date: 2026-03-06 (Form 4 filed 2026-03-10).
• Transaction type: Grant / award of restricted stock (code A).
• Shares granted: 328 restricted shares. Price/aggregate value: N/A in the filing.
• Vesting: The restricted stock vests ratably over three years from the grant date (footnote F1).
• Shares owned after transaction: Not reported in the provided excerpt.
• Timeliness: The Form 4 was filed on 2026-03-10 for a 2026-03-06 grant — this is outside the standard 2-business-day Form 4 reporting window (i.e., filed late).

Context

• Restricted stock awards are a common form of executive compensation and are typically subject to forfeiture until they vest; they do not represent an immediate sale or purchase in the open market. Because this is a compensation grant, it should be viewed as part of the executive’s pay package rather than a directe buy/sell signal about the insider’s market view.