Sharritts Jeffery S. 4
Research Summary
AI-generated summary
Mueller Water (MWA) Director Jeffery S. Sharritts Receives Award
What Happened
Jeffery S. Sharritts, a director of Mueller Water Products, was granted 4,381 restricted stock units (transaction code A) on February 9, 2026. The Form 4 reports the acquisition price as $0.00 (standard for RSU grants); the units are a contingent right to receive one share each when restrictions lapse.
Key Details
- Transaction date: 2026-02-09; filing date: 2026-02-11 (filed on time).
- Instrument: 4,381 restricted stock units (RSUs); Form 4 shows $0.00 acquisition price.
- Vesting/footnote: Each RSU converts to one share when restrictions lapse on the first anniversary of the grant (Footnote F1).
- Shares owned after transaction: not specified in the provided filing summary.
- Remarks: additional document noted as "sharrittspoa.txt" (likely a POA or administrative remark).
Context
RSUs are a form of equity compensation and do not represent immediate purchases or sales—shares are issued only upon vesting. Such grants are common for directors and are compensation-related rather than a direct buy/sell signal; they should be interpreted as part of executive/director pay rather than a contemporaneous market view.
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