William R. A. Bergum - Jan 23, 2025 Form 4 Insider Report for BADGER METER INC (BMI)

Signature
/s/ William R.A. Bergum
Stock symbol
BMI
Transactions as of
Jan 23, 2025
Transactions value $
$24,837
Form type
4
Date filed
1/23/2025, 05:00 PM
Previous filing
Mar 4, 2024
Next filing
Feb 14, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BMI Common Stock Award $24.8K +117 +1.01% $212.12 11.7K Jan 23, 2025 ESSOP F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents share equivalents of Badger Meter stock accumulated during 2024 and early 2025 in the participant's unitized 401(k) component of the ESSOP, including contributions and match.
F2 Year end stock price for Badger Meter Common Stock used to calculate the ESSOP unitized share equivalents.