[144] Mueller Water Products, Inc. SEC Filing
Rhea-AI Filing Summary
Mueller Water Products, Inc. (MWA) Form 144 notifies the market that Suzanne G. Smith plans to sell 1,288 common shares through Merrill Lynch on 08/28/2025. These shares were acquired on 08/24/2025 upon vesting of a stock award and were paid as a compensatory payment. The aggregate market value of the proposed sale is $34,654.16 and total shares outstanding are listed as 156,293,515, making the planned sale a very small fraction of outstanding stock. The filing also discloses a prior sale by the same person of 8,621 shares on 08/15/2025 for gross proceeds of $227,351.86. The filer certifies they are not aware of undisclosed material adverse information.
Positive
- Clear disclosure of acquisition date, nature (vesting), broker, and planned sale date
- Prior sales within the past three months are reported, enhancing transparency
- Sale size is small relative to 156,293,515 shares outstanding, limiting market impact
Negative
- Insider selling activity (8,621 shares sold recently) could be noted by investors, though no material nonpublic information is claimed
- Limited context about the filer’s trading plan or any 10b5-1 adoption date is not provided in the filing
Insights
TL;DR: Routine insider disposal of vested shares; immaterial relative to total shares outstanding.
The Form 144 reports a small compensatory disposal of 1,288 shares with an aggregate market value of $34,654.16, following vesting on 08/24/2025. Compared with 156,293,515 shares outstanding, this sale represents a negligible portion of issued stock and is a common mechanism for executives to monetize vested awards. The prior sale of 8,621 shares on 08/15/2025 for $227,351.86 is disclosed, providing useful transparency on recent insider activity. From a market-impact perspective, these transactions are unlikely to affect liquidity or valuation materially.
TL;DR: Filing demonstrates compliance and disclosure; no material governance red flags in the notice.
The notice documents acquisition by vesting and an intended sale through a broker, and includes the statutory certification about material nonpublic information. These elements align with Rule 144 disclosure expectations and indicate procedural compliance. The amounts involved are modest and the filing includes prior recent sales, improving transparency about insider dispositions. There is no evidence in the filing of any undisclosed governance issues or compliance breaches.