Mueller Water (NYSE: MWA) SVP Davies details stock and option holdings

Rhea-AI Filing Summary

Mueller Water Products, Inc. senior vice president and CIO Andrew M. Davies filed an initial ownership report showing his equity stake in the company. The filing lists several stock option awards on common stock with exercise prices ranging from $11.41 to $25.58 per share and expirations between 2031 and 2035, covering 11,328, 15,780, 7,377, 12,561 and 9,492 underlying shares, respectively.

Davies also reports direct ownership of 9,271.2877 shares of common stock, including 3,039.29 shares acquired under the employee stock purchase plan, and 7,615 restricted stock units granted under the company’s stock incentive plan. The options and restricted stock units generally vest in three equal annual installments starting on the first anniversary of each grant date.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person^*

Davies Andrew M.

(Last) (First) (Middle)

1200 ABERNATHY RD., NE

SUITE 1200

(Street)

ATLANTA GA 30328

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
02/23/2026

3. Issuer Name and Ticker or Trading Symbol
Mueller Water Products, Inc. [ MWA ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP and CIO

5. 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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	9,271.2877(1)	D
Restricted Stock Unit	7,615(2)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	(3)	11/29/2032	Common Stock	11,328	$11.41	D
Stock Option (Right to Buy)	(4)	11/28/2033	Common Stock	15,780	$13.22	D
Stock Option (Right to Buy)	(5)	11/30/2031	Common Stock	7,377	$13.64	D
Stock Option (Right to Buy)	(6)	12/02/2035	Common Stock	12,561	$24.46	D
Stock Option (Right to Buy)	(7)	12/03/2034	Common Stock	9,492	$25.58	D

Explanation of Responses:

1. Includes 3,039.29 shares acquired under the Mueller Water Products, Inc. Employee Stock Purchase Plan.

2. Acquisition is pursuant to grant of restricted stock units under the Mueller Water Products, Inc. 2006 Stock Incentive Plan, as amended and restated from time to time. Each restricted stock unit represents a contingent right to receive one share of Mueller Water Products, Inc. Common Stock when restrictions lapse. Lapses generally occur in three (3) equal, annual installments beginning on the first anniversary of the grant date.

3. Stock options vest in three (3) equal, annual installments on the anniversary of the grant date. This option was granted on November 29, 2022.

4. Stock options vest in three (3) equal, annual installments on the anniversary of the grant date. This option was granted on November 28, 2023.

5. Stock options vest in three (3) equal, annual installments on the anniversary of the grant date. This option was granted on November 30, 2021.

6. Stock options vest in three (3) equal, annual installments on the anniversary of the grant date. This option was granted on December 2, 2025.

7. Stock options vest in three (3) equal, annual installments on the anniversary of the grant date. This option was granted on December 3, 2024.

Remarks:

daviespoa.txt

	/s/ Barbara A. Smucygz, Attorney-in-Fact	03/10/2026
	** 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 5 (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 does Andrew M. Davies report in his Form 3 for Mueller Water Products (MWA)?

Andrew M. Davies reports his initial ownership in Mueller Water Products, including stock options, common shares, and restricted stock units. The filing outlines option strike prices, expiration dates, and time-based vesting schedules for both options and RSUs granted under company plans.

How many Mueller Water Products (MWA) common shares does Andrew Davies directly hold?

Andrew Davies directly holds 9,271.2877 shares of Mueller Water Products common stock. This total includes 3,039.29 shares acquired through the company’s employee stock purchase plan, reflecting both payroll-purchase shares and any previously held common stock positions reported in the Form 3.

What stock options are disclosed for Andrew Davies in Mueller Water Products (MWA)?

Andrew Davies holds multiple stock option grants on Mueller Water Products common stock with exercise prices from $11.41 to $25.58. These options cover 11,328, 15,780, 7,377, 12,561 and 9,492 underlying shares, with expirations between 2031 and 2035 and three-year annual vesting schedules.

How many restricted stock units does Andrew Davies have at Mueller Water Products (MWA)?

Andrew Davies reports 7,615 restricted stock units in Mueller Water Products. Each restricted stock unit represents a contingent right to receive one share of common stock, typically vesting in three equal annual installments beginning on the first anniversary of the relevant grant date under the stock incentive plan.

How do Andrew Davies’ equity awards at Mueller Water Products (MWA) vest over time?

His stock options and restricted stock units generally vest in three equal annual installments on each grant’s anniversary. Footnotes specify that options granted between 2021 and 2025, and RSUs under the 2006 Stock Incentive Plan, follow this graded vesting schedule tied to continued service.

Are Andrew Davies’ holdings in Mueller Water Products (MWA) direct or indirect?

All reported positions in the Form 3 are listed as direct holdings. The filing classifies his common stock, restricted stock units, and each stock option grant with direct ownership, without referencing any trusts, LLCs, or other entities as the beneficial or record holder for these equity interests.