[Form 4] BADGER METER INC Insider Trading Activity

Rhea-AI Filing Summary

Badger Meter Inc. VP-Global Operations Richard Htwe reported acquiring 3,370 shares of common stock on February 5, 2026. The shares were acquired at a price of $148.71 per share. Following this transaction, he beneficially owns 4,885 common shares, held as a direct ownership position.

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

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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^*

Htwe Richard

(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-Global Operations

3. Date of Earliest Transaction (Month/Day/Year)
02/05/2026

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	02/05/2026		A		3,370	A	$148.71	4,885	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 Richard Htwe	02/06/2026
	** 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 transaction did Badger Meter (BMI) report for Richard Htwe?

Badger Meter reported that VP-Global Operations Richard Htwe acquired 3,370 shares of common stock on February 5, 2026. This insider transaction was filed on Form 4, documenting the increase in his directly held beneficial ownership position in the company.

At what price did Richard Htwe acquire Badger Meter (BMI) shares?

Richard Htwe acquired 3,370 Badger Meter common shares at $148.71 per share. This price reflects the transaction value reported on Form 4, which records details of insider trades for transparency under U.S. securities regulations.

How many Badger Meter (BMI) shares does Richard Htwe own after this transaction?

After acquiring 3,370 shares, Richard Htwe beneficially owns 4,885 Badger Meter common shares. This total represents his directly held ownership following the reported February 5, 2026 transaction disclosed in the Form 4 filing.

What is Richard Htwe’s role at Badger Meter (BMI) in this Form 4 filing?

In this Form 4, Richard Htwe is identified as an officer of Badger Meter with the title VP-Global Operations. The filing confirms his status as a company officer and reports his direct beneficial ownership of Badger Meter common stock.

Was the Badger Meter (BMI) Form 4 transaction a purchase or acquisition type?

The Badger Meter Form 4 lists the transaction code as “A,” indicating an acquisition of 3,370 common shares. The code and details show that Htwe’s beneficial ownership increased rather than reflecting a sale or disposition of shares.