SENGSTACK GREGG C 4
Research Summary
AI-generated summary
Mueller Water (MWA) Director Gregg Sengstack Receives Award
What Happened
- Gregg C. Sengstack, a director of Mueller Water Products, Inc. (MWA), was granted 4,414 restricted stock units (RSUs) on 2026-02-10. The reported acquisition price is $0.00 (award/grant), i.e., no cash purchase by the insider.
Key Details
- Transaction date: 2026-02-10; Form 4 filed: 2026-02-11 (filed the next day).
- Transaction type/code: A — Award/Grant/Other acquisition.
- Shares/units granted: 4,414 RSUs; reported acquisition price: $0.00.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote: Each RSU represents a contingent right to receive one share when the restrictions lapse on the first anniversary of the grant date (per filing).
- No indication in the excerpt of tax withholding, 10b5-1 plan, or late filing flags.
Context
- RSUs are a form of compensation/retention award and do not represent an immediate market purchase or sale. The units convert to company shares only if and when the vesting conditions are met (here, one year after grant). Such awards are common for directors and executives and should be interpreted as compensation actions rather than direct signals of buying or selling behavior.