Mueller Water Products Form 4: Tax Withholding of 901 Shares; 11,663.69 ESPP Shares Included
Rhea-AI Filing Summary
Mueller Water Products insider Scott P. Floyd, SVP Sales & Marketing, reported a transaction on 08/25/2025 in the company's common stock (MWA). The filing shows 901 shares were disposed at a price of $26.88 under code F, representing shares withheld to cover tax on the lapse of restricted stock units. After the transaction, Mr. Floyd beneficially owns 57,625.3775 shares, which includes 11,663.69 shares acquired through the company's Employee Stock Purchase Plan.
Positive
- Disclosure of ESPP participation: 11,663.69 shares acquired under the Employee Stock Purchase Plan are included in beneficial ownership, showing employee alignment with shareholders.
- Timely and specific reporting: Transaction date, price, and post-transaction ownership are provided, supporting regulatory transparency.
Negative
- Shares disposed to cover taxes: 901 shares were withheld/disposed to satisfy tax liabilities on RSU lapse, modestly reducing direct holdings.
Insights
TL;DR: Routine insider tax-withholding and ESPP accumulation; transaction appears non-dispositive for control.
The Form 4 discloses a disposition of 901 shares at $26.88, recorded as tax withholding on restricted stock lapses. The reporting person retains a substantial holding of 57,625.3775 shares, including 11,663.69 ESPP shares. This is a common administrative transaction and does not indicate a change in ownership control or a major sale that would materially alter ownership percentages. No additional derivative transactions or plans are disclosed.
TL;DR: Administrative share withholding for taxes is routine; disclosure is timely and complies with Section 16 reporting.
The filing identifies the reporting person as an officer and shows the signature executed by an attorney-in-fact on 08/27/2025. The explanation states shares were withheld to cover tax liabilities and notes inclusion of ESPP-acquired shares. The report provides clear transaction codes and post-transaction beneficial ownership, meeting disclosure requirements. No governance red flags or unusual transfer mechanisms are present in this filing.