Ortiz Christine 4

What Happened

Christine Ortiz, a director of Mueller Water Products, Inc. (MWA), received a grant of 4,381 restricted stock units (RSUs) on 2026-02-09. The Form 4 reports the award at $0.00 per unit (no cash paid); the filing shows the acquisition as an award/grant rather than an open-market purchase or sale. According to the filing footnote, each RSU represents a contingent right to one share of common stock when restrictions lapse on the first anniversary of the grant.

Key Details

• Transaction date and price: 2026-02-09; 4,381 RSUs awarded at $0.00 per unit (reported as an award).
• Vesting/footnote: Footnote F1 — each RSU converts to one share when restrictions lapse on the first anniversary of the grant date.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Filing timeliness: Form filed 2026-02-11; this appears to be within the standard two-business-day reporting window.
• Remarks/file reference: "ortizpoa.txt" noted in the filing remarks.

Context

This was an equity compensation grant (common for directors) rather than a market purchase or sale, so it does not represent an immediate cash investment or divestment by the director. The RSUs are contingent until they vest (one year), at which point they typically convert to shares that the insider could then hold or sell, subject to company policies and insider trading rules.