Mueller Water Products (MWA) SVP granted stock, RSUs and 14,133 options

Rhea-AI Filing Summary

Mueller Water Products, Inc. insider equity awards: A senior vice president and chief human resources officer reported new equity grants dated 12/02/2025. The reporting person acquired 21,476 shares of Mueller Water Products common stock at a price of $0.0000, earned as performance-based restricted stock units under the company’s Amended and Restated 2006 Stock Incentive Plan based on three-year relative total shareholder return and return on invested capital performance.

The filing also shows a grant of 4,599 restricted stock units at $0.0000, which will convert into common shares in three equal annual installments starting on the first anniversary of the grant date. Following these transactions, the officer directly owned 79,412.8641 shares of common stock, which includes 9.77 shares acquired through the Employee Stock Purchase Plan, and 11,830 restricted stock units.

In addition, the officer received stock options to buy 14,133 shares of common stock at an exercise price of $24.46 per share. These options will vest in three equal, annual installments on each anniversary of the 12/02/2025 grant date, and 14,133 options were beneficially owned directly after the reported transactions.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Helms Todd P

Role SVP and CHRO

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (Right to Buy)	14,133	$0.00	--
Grant/Award	Common Stock	21,476	$0.00	--
Grant/Award	Restricted Stock Unit	4,599	$0.00	--

Holdings After Transaction: Stock Option (Right to Buy) — 14,133 shares (Direct); Common Stock — 79,412.864 shares (Direct); Restricted Stock Unit — 11,830 shares (Direct)

Footnotes (1)

1. Acquisition is pursuant to the grant of performance-based restricted stock units under the Mueller Water Products, Inc. Amended and Restated 2006 Stock Incentive Plan. Units were earned based on the Company's rTSR and ROIC performances during a three-year performance period that vested on the last day of the award cycle. Excludes shares withheld to satisfy tax obligations. Includes 9.77 shares acquired under the Employee Stock Purchase Plan ("ESPP"). Acquisition is pursuant to grant of restricted stock units under the Mueller Water Products, Inc. Second Amended and Restated 2006 Stock Incentive Plan. Each restricted stock unit represents a contingent right to receive one (1) share of Mueller Water Products, Inc. Common Stock when the restrictions lapse. The lapse occurs in three (3) equal, annual installments beginning on the first anniversary of the grant date. The stock options will vest in three (3) equal, annual installments on the anniversary of the grant date.

Form 4 Insider Transactions: What Each Field Means →

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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)
12/02/2025

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	12/02/2025		A		21,476(1)	A	$0.0000	79,412.8641(2)	D
Restricted Stock Unit	12/02/2025		A		4,599(3)	A	$0.0000	11,830	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)	$24.46	12/02/2025		A		14,133		(4)	12/02/2035	Common Stock	14,133	$0.0000	14,133	D

Explanation of Responses:

1. Acquisition is pursuant to the grant of performance-based restricted stock units under the Mueller Water Products, Inc. Amended and Restated 2006 Stock Incentive Plan. Units were earned based on the Company's rTSR and ROIC performances during a three-year performance period that vested on the last day of the award cycle. Excludes shares withheld to satisfy tax obligations.

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

3. Acquisition is pursuant to grant of restricted stock units under the Mueller Water Products, Inc. Second Amended and Restated 2006 Stock Incentive Plan. Each restricted stock unit represents a contingent right to receive one (1) share of Mueller Water Products, Inc. Common Stock when the restrictions lapse. The lapse occurs in three (3) equal, annual installments beginning on the first anniversary of the grant date.

4. The stock options will vest in three (3) equal, annual installments on the anniversary of the grant date.

	/s/ Barbara A. Smucygz, Attorney-in-Fact	12/04/2025
	** 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).
** 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.
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FAQ

What insider transaction did Mueller Water Products (MWA) report on this Form 4?

The filing reports that a senior vice president and chief human resources officer of Mueller Water Products, Inc. received equity awards on 12/02/2025, including common stock, restricted stock units, and stock options under the company’s stock incentive plans.

How many Mueller Water Products (MWA) common shares were acquired in this transaction?

The officer acquired 21,476 shares of common stock at a price of $0.0000 per share, earned from performance-based restricted stock units that vested after a three-year performance period.

What restricted stock units (RSUs) were granted to the Mueller Water Products (MWA) officer?

The officer received 4,599 restricted stock units at $0.0000. Each unit represents a right to one share of Mueller Water Products common stock, vesting in three equal annual installments beginning on the first anniversary of the 12/02/2025 grant date.

How many Mueller Water Products (MWA) shares and RSUs does the officer own after the transactions?

After the reported grants, the officer directly owned 79,412.8641 shares of common stock, including 9.77 shares from the Employee Stock Purchase Plan, and 11,830 restricted stock units.

What stock options were granted in this Mueller Water Products (MWA) Form 4?

The officer was granted stock options on 14,133 shares of Mueller Water Products common stock with an exercise price of $24.46 per share. These options vest in three equal, annual installments on each anniversary of the 12/02/2025 grant date.

How many stock options does the Mueller Water Products (MWA) officer hold after these grants?

Following the transactions, the officer beneficially owned 14,133 stock options directly, each relating to one share of Mueller Water Products common stock.