Welcome to our dedicated page for BADGER METER 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. executive William R. A. Bergum, VP–General Counsel and Secretary, reported a discretionary transaction involving company stock within the issuer’s 401(k) plan. He made an intra-fund transfer into the Badger Meter Stock Fund, resulting in 1,413.7600 share equivalents at $123.7834 per share equivalent on April 21, 2026. Following this transaction, his indirect holdings through the plan totaled 13,365.2400 share equivalents of the fund’s common stock.
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.
Badger Meter Inc VP-Global Operations Richard Htwe bought shares in the company. On this Form 4, he reported an open-market purchase of 1,700 shares of Common Stock at a price of $116.13 per share. After this transaction, he directly owns 7,603 shares of Badger Meter Inc Common Stock.
Badger Meter Inc. vice president of engineering Edward F. Callahan reported an open-market purchase of 858 shares of the company’s Common Stock at $116.30 per share. Following this transaction, he directly owns 1,186 shares of Badger Meter common stock.
Badger Meter Inc. VP-Controller Christina M. Tarantino bought company stock in the open market. On this Form 4, she reported purchasing 870 shares of Badger Meter common stock at a price of $113.80 per share. After this open-market purchase, she directly owns 1,801 shares of Badger Meter common stock.
Badger Meter Chairman, President & CEO Kenneth Bockhorst bought 2,200 shares of the company’s Common Stock in an open-market purchase on April 21, 2026 at an average price of $117.5333 per share.
Following this transaction, he directly holds 51,676 Badger Meter shares, modestly increasing his personal stake in the company.
Badger Meter, Inc. reported lower results for the quarter ended March 31, 2026, with net sales of $202.3 million compared to $222.2 million a year earlier, mainly from softer utility water project timing and slower short-cycle orders.
Net earnings declined to $27.3 million from $38.4 million, and diluted EPS fell to $0.93 from $1.30, as gross margin slipped to 41.7% of sales and operating margin to 17.4%. Operating cash flow remained solid at $33.9 million, supporting a period-end cash balance of $205.5 million. The company continued strategic expansion, following its 2025 SmartCover acquisition and signing a purchase agreement to acquire sewer-line monitoring firm UDlive Ltd for $100 million plus an EBITDA-based earn-out. Badger Meter also repurchased 239,026 shares for $38.2 million, leaving $114.7 million available under its buyback authorization, while maintaining a strong balance sheet and unused credit capacity.
Badger Meter reported softer first quarter 2026 results as projects shifted later in the year. Net sales were $202.3 million, down from $222.2 million, a 9% decline. Operating earnings fell to $35.2 million with a 17.4% operating margin, compared with $49.4 million and 22.2% a year earlier. Diluted EPS was $0.93, down from $1.30.
Utility water sales declined 10%, mainly from project timing and weaker short‑cycle municipal orders, while flow instrumentation sales decreased 4%. Gross margin remained strong at 41.7%, near the top of the company’s stated 39–42% range. Cash and cash equivalents were $205.5 million with no debt disclosed on the balance sheet.
The company entered a definitive agreement to acquire UDlive, a UK sewer-line monitoring software and hardware provider, expected to close at the end of April 2026. Management reaffirmed a back‑half weighted year and expects full‑year 2026 revenue, excluding acquisitions, to be relatively flat versus 2025, while emphasizing long‑term demand and its smart water market position.
Liu Xia reported acquisition or exercise transactions in this Form 4 filing.
Badger Meter Inc. director Xia Liu received a grant of phantom stock units as part of routine board compensation. She was awarded 124.710 phantom stock units, each economically equivalent to one share of BMI common stock and credited at a price of $152.35 per unit.
The grant represents payment of her 2026 second-quarter director retainer of $19,000, which was deferred into Badger Meter's Director Deferred Compensation Plan. After this award, Liu holds a total of 3,441.427 phantom stock units, which will be paid in cash when her board service ends.
ADAMS TODD A. reported acquisition or exercise transactions in this Form 4 filing.
Badger Meter Inc. director Todd A. Adams received a grant of 124.710 Phantom Stock Units tied to BMI common stock. Each unit equals one share of common stock economically and is payable in cash when his board service ends. The units were credited as his 2026 second-quarter director retainer of $19,000, valued at $152.35 per share based on the 3/31/26 closing price. Following this award, Adams holds a total of 16,120.483 Phantom Stock Units.