TELLOCK GLEN E 4

What Happened
TELLOCK GLEN E, a director of Badger Meter, received an award of 952 shares of Badger Meter common stock on April 27, 2026. The grant is recorded at $122.96 per share for a total reported value of $117,058. This was an equity award (code A) — a routine director compensation grant rather than an open-market purchase.

Key Details

• Transaction date: 2026-04-27; Form filed: 2026-04-29.
• Shares granted: 952 at $122.96 per share — total reported value $117,058.
• Transaction type: Award/Grant under the 2021 Omnibus Incentive Plan (code A).
• Shares owned after transaction: Not reported in this Form 4.
• Footnote: Grant was made pursuant to the 2021 Omnibus Incentive Plan; non-employee directors receive an annual grant equal to $125,000, rounded down to the nearest whole share using a 10-day average closing price.
• Filing timeliness: Filing date is two days after the transaction; no late filing flag noted.

Context
This is a routine annual equity grant for a non-employee director (compensation), which is different from an insider buy or sale that might signal a change in sentiment. Such awards are common and generally reflect standard director compensation practices rather than a direct trading view by the insider.