Mueller Water Products (MWA) SVP & CHRO reports stock option exercises and share sales

Rhea-AI Filing Summary

Mueller Water Products, Inc. executive reports stock transactions. The company’s SVP and Chief Human Resources Officer filed a Form 4 detailing several equity transactions in early December 2025. On December 3, 2025, 665 shares of common stock were withheld to cover taxes when restricted stock units vested at a price of $24.62 per share.

On December 4, 2025, the executive exercised stock options for 11,329 shares at an exercise price of $11.41 and 9,469 shares at an exercise price of $13.22, acquiring common stock. That same day, the executive sold 7,079 shares and 8,015 shares of common stock at an average price of $24.6201 per share, in multiple transactions within a narrow price range.

After these transactions, the executive beneficially owned 85,916.8641 shares of Mueller Water common stock directly, which includes 9.77 shares acquired under the Employee Stock Purchase Plan, and held 9,469 stock options that remain outstanding.

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^*

Helms Todd P

(Last) (First) (Middle)

1200 ABERNATHY RD., NE

SUITE 1200

(Street)

ATLANTA GA 30328

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
12/03/2025

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	12/03/2025		F		665(1)	D	$24.62	80,212.8641	D
Common Stock	12/04/2025		M		11,329	A	$11.41	91,541.8641	D
Common Stock	12/04/2025		M		9,469	A	$13.22	101,010.8641	D
Common Stock	12/04/2025		S		7,079	D	$24.6201(2)	93,931.8641	D
Common Stock	12/04/2025		S		8,015	D	$24.6201(2)	85,916.8641(3)	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
Stock Option (Right to Buy)	$13.22	12/04/2025		M			9,469	(4)	11/28/2033	Common Stock	9,469	$0.0000	9,469	D
Stock Option (Right to Buy)	$11.41	12/04/2025		M			11,329	(4)	11/29/2032	Common Stock	11,329	$0.0000	0.0000	D

Explanation of Responses:

1. Shares were withheld to cover the tax liability on the lapse of the restrictions on restricted stock units.

2. The price reported in Column 4 is an average price. These shares were purchased in multiple transactions at prices ranging from $24.555 to $24.685, inclusive. The reporting person undertakes to provide to Mueller Water Products, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.

3. Includes 9.77 shares acquired under the Employee Stock Purchase Plan ("ESPP").

4. The stock options vest in three equal annual installments beginning on the first anniversary of the grant date.

	/s/ Barbara A. Smucygz, Attorney-in-Fact	12/05/2025
	** 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).
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FAQ

What insider activity did Mueller Water Products (MWA) report in this Form 4?

The Form 4 reports that the SVP and CHRO of Mueller Water Products, Inc. had restricted stock units vest with 665 shares withheld for taxes, exercised stock options for 11,329 shares at $11.41 and 9,469 shares at $13.22, and sold 7,079 and 8,015 common shares at an average price of $24.6201 per share.

Who is the insider in this Mueller Water Products (MWA) Form 4 and what is their role?

The reporting person is an officer of Mueller Water Products, Inc., serving as Senior Vice President and Chief Human Resources Officer (SVP and CHRO), and is reporting their personal transactions in company common stock and stock options.

How many Mueller Water Products (MWA) shares does the executive own after the reported transactions?

Following the reported transactions, the executive beneficially owns 85,916.8641 shares of Mueller Water common stock directly, which includes 9.77 shares acquired under the Employee Stock Purchase Plan, and also holds 9,469 stock options that remain outstanding.

What stock options were exercised by the Mueller Water Products (MWA) executive?

On December 4, 2025, the executive exercised stock options covering 11,329 shares of common stock at an exercise price of $11.41 per share and 9,469 shares at an exercise price of $13.22 per share. These options vest in three equal annual installments beginning on the first anniversary of the respective grant dates.

At what prices did the Mueller Water Products (MWA) insider sell common shares?

The Form 4 shows that on December 4, 2025 the insider sold 7,079 shares and 8,015 shares of Mueller Water common stock at an average price of $24.6201 per share, with individual trades executed between $24.555 and $24.685 per share.

Why were some Mueller Water Products (MWA) shares withheld from the executive?

The Form 4 explains that 665 shares were withheld to cover the tax liability when restrictions on the executive’s restricted stock units lapsed, which is a common way to satisfy tax obligations on equity awards.