Van Arsdell Stephen C 4

What Happened

• Stephen C. Van Arsdell, a director of Mueller Water Products, Inc. (MWA), received an award of 4,381 restricted stock units (RSUs) on February 9, 2026. The grant price is listed as $0.00 (typical for RSU awards); no cash was exchanged. Each RSU represents a contingent right to one share when restrictions lapse on the first anniversary of the grant date.

Key Details

• Transaction type: A (Grant/award)
• Transaction date: 2026-02-09; Form filed: 2026-02-11 (appears timely)
• Shares/units granted: 4,381 RSUs at $0.00 each
• Shares owned after the transaction: Not specified in the provided filing
• Footnote: Each RSU converts to one common share when restrictions lapse on the first anniversary of the grant (footnote F1)
• Remarks: filing includes a POA remark (vanarsdellpoa.txt); no sale, tax withholding, or 10b5-1 plan indicated

Context

• RSU grants are compensation awards that vest over time and do not represent an immediate purchase or sale of shares. This award does not indicate an open-market purchase (which some investors view as a stronger signal of confidence) nor an immediate sale; the RSUs will convert to shares only if and when the vesting conditions are met.