Welcome to our dedicated page for Badger Mete SEC filings (Ticker: BMI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Badger Meter SEC filings document the company's operating results, governance framework, executive compensation, and material corporate events as a public water technology company. Recent 8-K filings include furnished quarterly financial results, officer appointments and related compensatory arrangements, and amendments to the company's bylaws.
The company's proxy materials cover shareholder voting matters, director-election procedures, executive pay disclosures, equity award information, and annual-meeting governance. Bylaw disclosures address remote shareholder meetings, advance-notice requirements for shareholder proposals and director nominations, universal proxy compliance, nominee information, and proxy-solicitation procedures.
Badger Meter, Inc. used its Investor Day to highlight its position as a pure‑play smart water solutions provider and to outline a long-term financial framework. For 2025, the company cites $917 million in sales, a 17% 2020‑2025 CAGR, $218 million in EBITDA with a 24% margin, 120% free cash flow conversion and a 33% three‑year average ROIC. Management emphasizes mission‑critical water meter replacement, adoption of Cellular AMI and expansion of hardware‑enabled software and “Beyond the Meter” offerings as key growth drivers. The framework targets high single‑digit organic revenue growth, 39‑42% gross margins, 25‑30% EBITDA incrementals, >100% free cash flow conversion and 10‑15% EPS growth from the 2025 base year, supported by low capital intensity, a long M&A runway and a long record of dividend growth and share repurchases.
State Street Corporation reports beneficial ownership of 1,524,970 shares of Badger Meter Inc. The filing shows 1,524,970 shares beneficially owned (5.2% of the class) as of 03/31/2026, with shared voting power of 1,429,918. The disclosure lists multiple State Street advisory subsidiaries as the holders of the reported position and is signed by a corporate officer.
Liu Xia reported acquisition or exercise transactions in this Form 4 filing.
Badger Meter director Xia Liu received a compensation-related grant of phantom stock units. On this Form 4, Liu was awarded 131.280 phantom stock units, each economically equivalent to one share of Badger Meter common stock, valued at $152.35 per unit based on the 3/31/2026 closing price.
The award represents payment of a $20,000 annual Audit and Compliance Committee Chair fee, credited to Liu's Director Deferred Compensation Plan account. Phantom stock becomes payable in cash upon her termination of service as a director, and this transaction brings her reported phantom stock balance to 4,524.707 units.
Badger Meter Inc reports that Vanguard Capital Management beneficially owns 1,526,620 shares of Common Stock, representing 5.23% of the class as reported on 03/31/2026. Vanguard reports sole voting power over 225,000 shares and sole dispositive power over 1,526,620 shares, and states these holdings include securities held for Vanguard funds and managed accounts.
Cook Melanie K. reported acquisition or exercise transactions in this Form 4 filing.
Badger Meter director receives annual stock grant
Badger Meter Inc. granted director Melanie K. Cook 952 shares of Common Stock on April 27, 2026, as a non‑employee director award under the 2021 Omnibus Incentive Plan. The grant is based on an annual equity value of $125,000. Following this award, she directly holds 3,237 shares of Badger Meter Common Stock. This is a compensation-related share grant, not an open-market purchase.
Liu Xia reported acquisition or exercise transactions in this Form 4 filing.
Badger Meter Inc. director Xia Liu received a grant of 952 Phantom Stock Units on April 27, 2026 as director compensation. Each phantom unit is the economic equivalent of one share of BMI common stock and will be paid in cash when Liu leaves the board.
The award was made under the 2021 Omnibus Incentive Plan, with this year’s non-employee director grant set at $125,000, rounded down to the nearest whole share based on a 10-day average closing price. Following this grant, Liu holds 4,393.427 Phantom Stock Units.
McGill James W reported acquisition or exercise transactions in this Form 4 filing.
Badger Meter Inc. director James W. McGill received a grant of 952 shares of Common Stock as compensation. The shares were awarded at a price of $122.96 per share, bringing his direct holdings to 4,893 shares after the transaction.
The stock was granted under the 2021 Omnibus Incentive Plan, which provides non-employee directors an annual grant of Badger Meter Common Stock on the first business day following the company’s annual meeting. This year’s grant equals $125,000, rounded down to the nearest whole share based on a 10-day average closing price.
Myers Tessa M. reported acquisition or exercise transactions in this Form 4 filing.
Badger Meter Inc. director Tessa M. Myers received an equity grant of 952 shares of Common Stock on April 27, 2026. The award was made under the company’s 2021 Omnibus Incentive Plan and was valued at $125,000, based on a 10-day average closing price of the stock.
Following this compensation-related grant, Myers directly holds 5,913 shares of Badger Meter common stock. The filing describes this as the regular annual stock grant provided to non-employee directors after the company’s annual meeting.
TELLOCK GLEN E reported acquisition or exercise transactions in this Form 4 filing.
Badger Meter Inc. director Glen E. Tellock received a grant of 952 shares of Common Stock on April 27, 2026. The award was valued using a $125,000 target amount, rounded down to the nearest whole share based on a 10-day average closing price of the company’s stock. Following this compensation grant, Tellock directly holds 8,551 shares. The grant was issued under the 2021 Omnibus Incentive Plan, which shareholders approved on April 30, 2021, and represents the annual stock grant given to non-employee directors on the first business day after the company’s annual meeting.
Brooks Henry F reported acquisition or exercise transactions in this Form 4 filing.
Badger Meter Inc. director Henry F. Brooks received a grant of 952 shares of common stock as compensation. The shares were valued at $122.96 per share and were issued under the 2021 Omnibus Incentive Plan. Following this award, Brooks holds 3,237 common shares directly.
The grant represents the company’s annual stock award for non-employee directors, targeting $125,000 of Badger Meter common stock based on a 10-day average closing price, rounded down to the nearest whole share.