Badger Meter (NYSE: BMI) EVP purchases 1,000 shares in open market

Rhea-AI Filing Summary

Badger Meter Inc. executive vice president Robert Wrocklage reported an open-market purchase of 1,000 shares of the company’s Common Stock. He bought the shares at a price of $122.35 each and now directly holds a total of 23,321 Badger Meter shares following this transaction.

Insider Trade Summary

Net Buyer: 1,000 shares ($122,350)

Net Buy 1 txn

Insider Wrocklage Robert

Role EVP-N.A. Muncipal Utility

Bought 1,000 shs ($122K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	1,000	$122.35	$122K

Holdings After Transaction: Common Stock — 23,321 shares (Direct, null)

Footnotes (1)

Key Figures

Shares purchased: 1,000 shares Purchase price: $122.35 per share Shares owned after transaction: 23,321 shares +1 more

4 metrics

Shares purchased 1,000 shares Open-market purchase of Common Stock

Purchase price $122.35 per share Price paid in the reported transaction

Shares owned after transaction 23,321 shares Direct holdings following the purchase

Net buy shares 1,000 shares Net buy direction in transaction summary

Key Terms

open-market purchase, Common Stock, transaction code P, direct ownership

4 terms

open-market purchase financial

"transaction_action: "open-market purchase""

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

Common Stock financial

"security_title: "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

transaction code P financial

"transaction_code: "P""

direct ownership financial

"ownership_type: "direct""

Form 4 Insider Transactions: What Each Field Means →

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^*

Wrocklage Robert

(Last) (First) (Middle)

4545 W. BROWN DEER ROAD

(Street)

MILWAUKEE WISCONSIN 53223

(City) (State) (Zip)

UNITED STATES

(Country)

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)
	EVP-N.A. Muncipal Utility

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/23/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	04/23/2026		P		1,000	A	$122.35	23,321	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 Robert A. Wrocklage	04/23/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Badger Meter (BMI) report for Robert Wrocklage?

Badger Meter executive vice president Robert Wrocklage reported an open-market purchase of 1,000 shares of Common Stock. The Form 4 filing shows this was a direct ownership transaction, increasing his stake in the company’s shares through a standard market buy.

At what price did the Badger Meter EVP buy his 1,000 BMI shares?

Robert Wrocklage purchased 1,000 Badger Meter Common Stock shares at $122.35 per share. This price reflects the cost of his open-market transaction on the reported date, as disclosed in the Form 4 insider trading report for the company.

How many Badger Meter (BMI) shares does Robert Wrocklage own after this transaction?

After the reported purchase, Robert Wrocklage directly owns 23,321 Badger Meter shares. This total reflects his holdings immediately following the 1,000-share open-market buy, according to the share balance disclosed in the Form 4 filing.

Was the Badger Meter (BMI) insider transaction a buy or a sell?

The reported insider transaction was a buy. The Form 4 lists transaction code P, described as an open-market purchase, and identifies it as a buy transaction that increased Robert Wrocklage’s direct holdings of Badger Meter Common Stock.

What role does Robert Wrocklage hold at Badger Meter (BMI) in this Form 4?

In the filing, Robert Wrocklage is identified as an officer of Badger Meter with the title EVP-N.A. Municipal Utility. This indicates he is an executive vice president responsible for the North American municipal utility segment while also being a reporting person for this transaction.