Mueller Water Products, Inc. 8-K

What Happened
Mueller Water Products, Inc. (MWA) filed an 8-K (Item 5.02) reporting that on February 17, 2026 the Board approved the appointment of Scott Floyd as Executive Vice President and Chief Commercial Officer, effective February 23, 2026. The appointment follows the company’s management development and succession planning. Mr. Floyd, age 56, has worked at Mueller since 1998 and served most recently as Senior Vice President, Sales and Marketing since March 2024 (previously holding senior roles since 2019 and earlier).

Key Details

• Appointment effective: February 23, 2026; Board approval on February 17, 2026.
• Compensation changes: base salary increased to $550,000; target annual bonus for FY2026 raised to 70% of base salary.
• Equity award: one-time grant with an aggregate value of $125,000 consistent with the company’s long-term incentive program.
• Other disclosures: no family relationships with company directors/officers and no reportable related-party transactions since Oct 1, 2024.

Why It Matters
This is a material executive change (Item 5.02) affecting the company’s commercial leadership and compensation expense. The promotion and pay adjustments signal the company’s emphasis on commercial strategy and succession planning while preserving Mr. Floyd’s long-term incentive positioning. Investors should note the timing, the incremental compensation commitments (salary, bonus target and equity), and Mr. Floyd’s long tenure and recent leadership of sales and marketing.