STOCK TITAN

Badger Meter (BMI) CFO logs small tax-related share dispositions

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

BADGER METER INC executive reports tax-related share dispositions. VP-CFO & Treasurer Daniel R. Weltzien disposed of 449 shares of common stock on March 3, 2026 at $148.76 per share and 47 shares on February 27, 2026 at $152.43 per share to satisfy tax obligations, retaining 5,493 shares afterward.

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Insider Weltzien Daniel R
Role VP-CFO & Treasurer
Type Security Shares Price Value
Tax Withholding Common Stock 449 $148.76 $67K
Tax Withholding Common Stock 47 $152.43 $7K
Holdings After Transaction: Common Stock — 5,493 shares (Direct)
Footnotes (1)
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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a 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). See Instruction 10.
1. Name and Address of Reporting Person*
Weltzien Daniel R

(Last) (First) (Middle)
4545 W. BROWN DEER ROAD

(Street)
MILWAUKEE WI 53223

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BADGER METER INC [ BMI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP-CFO & Treasurer
3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/27/2026 F 47 D $152.43 5,942 D
Common Stock 03/03/2026 F 449 D $148.76 5,493 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
/s/ William R.A. Bergum, Attorney-in-Fact for Daniel R. Weltzien 03/03/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did BADGER METER (BMI) report for Daniel R. Weltzien?

BADGER METER reported that VP-CFO & Treasurer Daniel R. Weltzien disposed of small amounts of common stock in two tax-related transactions. These were classified as tax-withholding dispositions rather than open-market sales, reflecting shares delivered to cover obligations tied to equity compensation.

How many BADGER METER (BMI) shares were disposed of for taxes?

Daniel R. Weltzien disposed of 449 shares on March 3, 2026 and 47 shares on February 27, 2026. Both transactions were coded as tax-withholding dispositions, meaning the shares were used to satisfy tax liabilities associated with underlying equity awards.

At what prices were Daniel R. Weltzien’s BADGER METER (BMI) tax-withholding shares valued?

The 449-share tax-withholding disposition on March 3, 2026 used a price of $148.76 per share. The earlier 47-share disposition on February 27, 2026 used a price of $152.43 per share, as reported in the Form 4 insider filing.

How many BADGER METER (BMI) shares does Daniel R. Weltzien hold after these transactions?

After the March 3, 2026 tax-withholding disposition, Daniel R. Weltzien directly held 5,493 shares of BADGER METER common stock. This figure reflects his ownership following the reported non-derivative transactions disclosed in the Form 4 filing.