Hopkins Sheryl 4

What Happened Sheryl Hopkins, Vice President — Human Resources at Badger Meter (BMI), was granted 369 restricted shares on March 6, 2026 and, on the same date, had 46 shares disposed to cover tax withholding. The 46 shares were withheld at $148.85 per share for a total withholding value of $6,847. The grant is an equity award (not an open-market purchase or sale).

Key Details

• Transaction dates: March 6, 2026 (reported on Form 4 filed March 10, 2026). Filing appears timely (filed within the Form 4 two-business-day window).
• Grant: 369 restricted shares (transaction code A). Price not applicable for restricted stock grant.
• Tax withholding: 46 shares disposed (transaction code F) at $148.85 each; total value $6,847.
• Footnote: Grant made under the 2021 Omnibus Incentive Plan; restricted stock vests ratably over three years from the grant date.
• Shares owned after the transactions: Not disclosed in the provided filing excerpt.
• This was routine equity compensation and a tax-withholding disposition, not an indication of a market sale for investment purposes.

Context Restricted stock grants are a common retention/compensation tool; shares vest over time and are often subject to withholding to cover taxes at grant/vesting. The 46-share disposition here reflects tax withholding rather than a discretionary sale by the insider.