Mueller Water Products (MWA) CEO McAndrew sells 40,000 shares under 10b5-1 plan
Rhea-AI Filing Summary
Mueller Water Products, Inc. director and President & CEO Paul McAndrew reported selling 40,000 shares of common stock on August 10, 2026 at an average price of $26.3893 per share in an open-market or private transaction. The sale was effected under a Rule 10b5-1 trading plan adopted on May 11, 2026. After this transaction, McAndrew directly holds 42,556 shares of Mueller Water Products common stock.
The reported price is a weighted average; the shares were sold in multiple transactions at prices ranging from $26.300 to $26.480 per share.
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Insider Trade Summary 10b5-1
Net Seller: 40,000 shares
Net Sell
1 txn
Insider
McAndrew Paul
Role
President and CEO
Sold
40,000 shs ($1.06M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 40,000 | $26.3893 | $1.06M |
Holdings After Transaction:
Common Stock — 42,556 shares (Direct)
Footnotes (2)
- F1. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 11, 2026.
- F2. The price reported in Column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $26.300 to $26.480, 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 sold at each separate price within the ranges set forth in this footnote.
Key Figures
Shares sold: 40,000 shares
Average sale price: $26.3893 per share
Sale price range: $26.300 to $26.480 per share
+2 more
5 metrics
Shares sold
40,000 shares
Common stock sale reported for August 10, 2026
Average sale price
$26.3893 per share
Weighted average price for the 40,000 shares sold
Sale price range
$26.300 to $26.480 per share
Range of prices for multiple sale transactions
Shares held after transaction
42,556 shares
Directly owned Mueller Water Products common stock after sale
Rule 10b5-1 plan adoption date
May 11, 2026
Date the trading plan governing this sale was adopted
Key Terms
Rule 10b5-1 trading plan, weighted average price, open market or private transaction
3 terms
Rule 10b5-1 trading plan regulatory
"The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is an average price. These shares were sold in multiple transactions"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Mueller Water Products (MWA) report for Paul McAndrew?
Mueller Water Products reported that President & CEO Paul McAndrew sold 40,000 shares of common stock on August 10, 2026. The sale was reported as an open-market or private transaction under a Rule 10b5-1 trading plan.
Was the Mueller Water Products (MWA) insider sale under a Rule 10b5-1 plan?
Yes. The filing states the sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Paul McAndrew on May 11, 2026. Such plans prearrange trades and can reduce the informational value of trade timing.
What type of transaction did Paul McAndrew report for Mueller Water Products (MWA)?
Paul McAndrew reported a sale transaction (code S) of common stock, classified as a non-derivative open-market or private transaction. No option exercises or derivative security transactions were reported in this Form 4.