McAndrew Paul 4

What Happened Paul McAndrew, President and CEO of Mueller Water Products (MWA), received equity awards on February 10, 2026 totaling 82,050 units. The filing reports 20,250 shares acquired outright and 61,800 derivative awards (restricted stock units), all shown at $0.00 (award/grant). This is an equity award under the company’s compensation plan, not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-02-10; Form 4 filed: 2026-02-12.
• Grants reported: 20,250 shares (direct award) + 61,800 RSUs (derivative) = 82,050 total.
• Price reported: $0.00 per share (award/grant), so no cash exchanged.
• Shares owned after transaction: Not specified in the disclosed items of this summary filing.
• Footnote F1: The 61,800 derivative awards are restricted stock units (RSUs) that convert to one share each when restrictions lapse; vesting occurs in three equal annual installments beginning on the first anniversary of the grant.
• Footnote F2: Notes a three-year annual vesting schedule for stock options; no stock option grants were reported in these transactions.
• Filing timeliness: Form 4 was filed two days after the transaction date (within the standard 2‑business‑day reporting window).

Context This filing documents compensation-related equity grants (awards) to the CEO. RSU grants are common executive compensation and represent contingent rights to future shares based on vesting. Because these are awards (not purchases or sales), they do not by themselves signal a buy/sell decision by the insider; they reflect company compensation actions and will only convert to actual shares as vesting conditions are met.