Badger Meter Inc: director Liu Xia received 153.8 shares

What happened Liu Xia, a director, received 153.8 phantom stock units (derivative award) on Oct 1, 2026, valued at $19,000, computed at $123.54 per share.

Key details

• Transaction date: Oct 1, 2026; price used: $123.54 per share (9/30/2026 closing price).
• Total value reported: $19,000.
• Shares owned after the transaction: not reported in the filing.
• Footnotes: each phantom stock unit is the economic equivalent of one share and becomes payable in cash upon termination of service; the units were accrued in the director deferred compensation plan as payment for the 2026 Q4 director retainer.
• Filing date: Oct 2, 2026. The filing does not indicate a late report.

Why it may matter

• This transaction was a grant of phantom stock units as director compensation, not a market purchase or sale.
• A filing does not show why the insider traded or why the company acted.