BADGER METER INC (BMI)

AI-Powered SEC Filing Analysis

Insider Trading Filed: 2026-04-29

Key Insights

  • Director Melanie K. Cook acquired 952 shares of BMI common stock on April 27, 2026, at $122.96 per share, representing a standard annual grant of approximately $125,000 under the 2021 Omnibus Incentive Plan.
  • This transaction is a routine non-discretionary director compensation grant made on the first business day following the annual shareholder meeting, indicating normal corporate governance practices rather than a strategic insider buy signal.
  • Cook's total beneficial ownership following the transaction is 3,237 shares held directly, which appears modest and suggests this is primarily compensation rather than a concentrated insider position indicating strong conviction about future stock performance.
Insider Trading Filed: 2026-04-29

Key Insights

  • Director Todd A. Adams received an annual grant of 952 phantom stock units valued at approximately $122.96 per share (total ~$116,876), which is a routine non-employee director compensation under the 2021 Omnibus Incentive Plan.
  • The grant was awarded on April 27, 2026, the first business day following the company's annual shareholders meeting, following the standard annual director compensation schedule with no discretionary adjustments.
  • Adams' total beneficial ownership increased to 17,072.483 phantom stock units following this transaction, indicating a long-term director relationship with the company.
  • This is a non-discretionary, formulaic director compensation grant (based on a $125,000 fixed value divided by 10-day average stock price), providing no insight into insider confidence in future stock performance or material non-public information.
Insider Trading Filed: 2026-04-29

Key Insights

  • Director James F. Stern acquired 952 shares of BMI at $122.96 per share on 04/27/2026, representing a $116,778 investment, bringing his total beneficial ownership to 8,551 shares.
  • This acquisition was part of the annual director stock grant program (2021 Omnibus Incentive Plan) worth approximately $125,000, distributed to non-employee directors on the first business day after the annual meeting.
  • The grant mechanism indicates continued alignment between board directors and shareholders through equity compensation, though this is a routine annual grant rather than discretionary insider buying.
  • At the time of grant, BMI stock was trading around $122.96, providing context for the director's current stake valuation and confidence level in the company.
Insider Trading Filed: 2026-04-29

Key Insights

  • Director Henry F. Brooks acquired 952 shares of BMI common stock on April 27, 2026, at $122.96 per share, representing a routine annual director equity grant valued at approximately $125,000 under the 2021 Omnibus Incentive Plan.
  • This is a standard, non-discretionary compensation grant to a non-employee director made on the first business day following the company's annual shareholder meeting, indicating normal corporate governance practices with no material insider trading signals.
  • Brooks now directly owns 3,237 shares following this transaction, demonstrating continued alignment with shareholder interests through meaningful equity ownership as a board member.
Insider Trading Filed: 2026-04-29

Key Insights

  • Director Glen E. Tellock acquired 952 shares of BMI common stock on 04/27/2026 at $122.96 per share through an annual director compensation grant worth approximately $125,000, bringing his total beneficial ownership to 8,551 shares.
  • This transaction represents a routine annual equity grant to a non-employee director pursuant to the 2021 Omnibus Incentive Plan, granted on the first business day following the company's annual shareholder meeting.
  • The grant was calculated based on a 10-day average closing price, demonstrating the company's practice of providing director compensation through equity incentives aligned with shareholder interests.
Insider Trading Filed: 2026-04-29

Key Insights

  • Director Tessa M. Myers acquired 952 shares of BMI common stock on April 27, 2026, at $122.96 per share as part of the annual non-employee director compensation grant (~$125,000 value), increasing her direct beneficial ownership to 5,913 shares.
  • This is a routine annual equity grant to a board member rather than a discretionary insider purchase, suggesting confidence in compensation structure but not necessarily indicating conviction about future stock appreciation.
  • The transaction was executed immediately following BMI's annual shareholder meeting (April 30, 2026), which is the standard timing for annual director stock grants under the 2021 Omnibus Incentive Plan.
Insider Trading Filed: 2026-04-29

Key Insights

  • Director James W. McGill acquired 952 shares of BMI common stock on April 27, 2026 at $122.96 per share as part of a routine annual director compensation grant worth approximately $125,000, bringing his total beneficial ownership to 4,893 shares.
  • This transaction represents a standard non-employee director equity grant under the 2021 Omnibus Incentive Plan, awarded on the first business day following the company's annual shareholder meeting, indicating normal governance practices.
  • The acquisition price of $122.96 reflects the 10-day average closing price used for the grant calculation, suggesting the stock was trading at this level around late April 2026.
Insider Trading Filed: 2026-04-29

Key Insights

  • Director Liu Xia received an annual grant of 952 phantom stock units valued at approximately $122.96 per share (totaling ~$117,000), representing routine non-employee director compensation approved under the 2021 Omnibus Incentive Plan.
  • The phantom stock grant increases Liu Xia's total beneficial ownership to 4,393.427 units, which will be paid in cash upon termination of service as director rather than as actual equity shares.
  • This is a standard annual director compensation grant executed on the first business day following the company's annual shareholder meeting (April 30, 2021 approval), with no discretionary insider trading signals.
Current Report Filed: 2026-04-28

Key Insights

  • The company updated its bylaws to modernize shareholder meeting procedures, including enhanced remote communication capabilities and clearer notice requirements, reflecting standard governance evolution without material operational impact.
  • All nine director nominees were elected with strong shareholder support, with votes ranging from 99.4% to 99.9% approval rates, indicating solid investor confidence in the board's composition and leadership.
  • Advisory vote on executive compensation passed comfortably with 94% approval (22.3M votes for vs. 1.4M against), suggesting shareholders are satisfied with current compensation policies and executive performance.
  • The company ratified Ernst & Young LLP as its independent auditor with 94.5% shareholder approval, demonstrating continued confidence in the audit firm and the company's financial reporting practices.
Insider Trading Filed: 2026-04-23

Key Insights

  • VP-General Counsel and Secretary William Bergum acquired 1,413.76 shares on 04/21/2026 at $123.78 per share through an intra-fund transfer into the company's 401(k) plan Stock Fund, indicating continued insider confidence in BMI's valuation.
  • The acquisition was executed through a retirement plan mechanism (ESSOP) rather than open market purchase, suggesting this was a routine contribution rather than a discretionary investment decision based on market timing.
  • Bergum's total beneficial ownership increased to 13,365.24 shares following this transaction, demonstrating sustained long-term commitment to the company despite his executive position.
Insider Trading Filed: 2026-04-23

Key Insights

  • Robert Wrocklage, EVP of North America Municipal Utility, purchased 1,000 shares of BMI at $122.35 per share on 04/23/2026, demonstrating insider confidence in the company's valuation at that price point.
  • The purchase brought Wrocklage's total beneficial ownership to 23,321 shares held directly, indicating substantial personal investment alignment with shareholder interests.
  • This insider buy transaction occurs through open market purchase (code P), suggesting the executive views current market conditions as attractive for accumulating additional company shares.
Insider Trading Filed: 2026-04-22

Key Insights

  • Richard Htwe, VP of Global Operations at Badger Meter, acquired 1,700 shares at $116.13 per share on April 21, 2026, demonstrating confidence in the company at current valuation levels.
  • The transaction represents a direct purchase (not option exercise) totaling approximately $197,421, suggesting a meaningful personal investment by an executive in his own company.
  • Post-transaction beneficial ownership stands at 7,603 shares, indicating established equity stake consistent with executive retention and alignment with shareholder interests.
Insider Trading Filed: 2026-04-22

Key Insights

  • Edward F. Callahan, VP-Engineering at Badger Meter, purchased 858 shares of common stock on April 21, 2026 at $116.30 per share, increasing his direct beneficial ownership to 1,186 shares, demonstrating insider confidence in the company's valuation.
  • The purchase represents a relatively modest transaction size (~$99,800 total value), suggesting this may be a routine equity acquisition rather than a major conviction buy, though it still indicates positive insider sentiment.
  • The transaction was executed on April 21, 2026 and filed the next business day (April 22, 2026), indicating timely compliance with SEC filing requirements and no unusual delays in reporting.
Insider Trading Filed: 2026-04-22

Key Insights

  • VP-Controller Christina M. Tarantino purchased 870 shares of BMI at $113.80 per share on April 21, 2026, increasing her direct beneficial ownership to 1,801 shares, indicating confidence in the company's current valuation.
  • The purchase was executed at a price of $113.80, representing a meaningful investment by a senior finance officer whose position gives her access to detailed company financial information.
  • As an officer-level insider, Tarantino's open market purchase suggests positive sentiment about BMI's near-term prospects and business performance, though the transaction size is moderate rather than exceptional.
Insider Trading Filed: 2026-04-21

Key Insights

  • Kenneth Bockhorst, Chairman, President & CEO, purchased 2,200 shares of BMI at $117.53 per share on April 21, 2026, representing a significant insider buy by top leadership with direct ownership.
  • The transaction increased Bockhorst's direct beneficial ownership to 51,676 shares, demonstrating substantial personal capital commitment and confidence in the company's future prospects.
  • This insider purchase by the CEO represents a positive signal to the market, as executives typically buy shares when they believe the stock is undervalued or the company has strong growth prospects ahead.
Current Report Filed: 2026-04-17

Key Insights

  • Badger Meter reported its Q1 2026 financial results, indicating continued strong performance with healthy revenue growth and improved profitability.
  • The company did not provide any significant updates on new strategic initiatives or major business developments in this 8-K filing.
  • Investors will likely be interested in any future guidance or commentary from management on the company's outlook and growth prospects for the remainder of 2026.
Insider Trading Filed: 2026-03-10

Key Insights

  • Sheryl L. Hopkins, the VP of Human Resources, acquired 369 shares of Badger Meter Inc. (BMI) common stock through a restricted stock grant, increasing her total beneficial ownership to 5,670 shares.
  • The restricted stock granted to Hopkins vests ratably over three years, aligning her incentives with long-term shareholder value creation.
  • The Form 4 filing indicates Hopkins' continued commitment to the company and confidence in its future prospects.
Insider Trading Filed: 2026-03-10

Key Insights

  • Richard Htwe, the VP of Global Operations, acquired 369 shares of Badger Meter Inc. (BMI) through a restricted stock grant, increasing his total direct ownership to 5,903 shares.
  • Htwe also sold 41 shares at $148.85 per share, likely for tax withholding purposes related to the restricted stock grant.
  • The restricted stock grant is part of the 2021 Omnibus Incentive Plan and vests ratably over three years, aligning Htwe's interests with long-term shareholders.
Insider Trading Filed: 2026-03-10

Key Insights

  • The reporting person, Matthew L. Stuyvenberg, was granted 451 shares of restricted stock on March 6, 2026 under the company's 2021 Omnibus Incentive Plan. This indicates the company is rewarding and incentivizing a key executive.
  • The restricted stock grant to Stuyvenberg, the EVP-SaaS Intl Utility & Comm'l, vests ratably over three years, aligning his interests with long-term shareholder value creation.
  • Stuyvenberg now holds a total of 6,428 shares of Badger Meter's common stock, representing a meaningful ownership stake and commitment to the company's success.
Insider Trading Filed: 2026-03-10

Key Insights

  • The reporting person, Christina M. Tarantino, is the VP-Controller of Badger Meter Inc. and has acquired 246 shares of common stock through a restricted stock grant, which vests ratably over three years.
  • The insider transaction indicates that the company is granting equity-based compensation to its key employee, aligning their interests with those of shareholders.
  • The relatively small transaction size (931 shares beneficially owned) suggests this is a routine grant and not a significant change in the reporting person's ownership position.

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Important Information

AI-generated analysis is for informational purposes only. Always read original SEC filings and consult with qualified professionals before making investment decisions.