Mueller Water Products Insider Report: 839 Shares Withheld for Taxes

Rhea-AI Filing Summary

Todd P. Helms, serving as SVP and CHRO of Mueller Water Products, Inc. (MWA), reported a transaction dated 08/25/2025 on a Form 4. The filing shows a disposition coded F of 839 common shares at a price of $26.88 each, annotated as shares withheld to cover the tax liability on the lapse of restricted stock units.

After the reported transaction Helms beneficially owned 54,592.835 shares in total, which the filing notes includes 9.74 shares acquired under the Mueller Water Products Employee Stock Purchase Plan. The form was signed by an attorney-in-fact on 08/27/2025 and indicates it was filed by one reporting person.

Positive

• Transaction clearly disclosed with date, amount, price, and reason (tax withholding) stated
• Beneficial ownership quantified including explicit note of 9.74 shares from the Employee Stock Purchase Plan
• Form filed by one reporting person and signed by attorney-in-fact, indicating procedural completion

Negative

• Disposition of 839 shares reduces direct shareholdings by that amount
• Filing shows a sale at $26.88, indicating some shares left the reporting person's direct ownership

Insights

Securities Analyst

TL;DR: Officer reported a small tax-related share withholding; ownership remains largely unchanged.

The Form 4 documents a routine disposition labeled with transaction code F, representing shares withheld to satisfy taxes on vested restricted stock units. The reported sale of 839 shares at $26.88 each appears administrative rather than a directional personal trade intent. Ending beneficial ownership of 54,592.835 shares is disclosed, including a de minimis 9.74 shares from the ESPP. For investors, this filing provides assurance that the transaction was tax-related and not necessarily indicative of a change in confidence, based solely on the statements in the filing.

Corporate Governance Expert

TL;DR: Disclosure is complete and timely, reflecting common post-vesting tax withholding.

The report clearly identifies the reporting person, role (SVP and CHRO), transaction date, mechanics (shares withheld), and resulting ownership. The inclusion of ESPP shares in the beneficial ownership total is explicitly noted. The signature by an attorney-in-fact and the filing date are provided, meeting Form 4 disclosure requirements. No additional material events or departures are reported within this document.

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

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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)
08/25/2025

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	08/25/2025		F		839(1)	D	$26.88	54,592.835(2)	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

Explanation of Responses:

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

2. Includes 9.74 shares acquired under the Mueller Water Products, Inc. Employee Stock Purchase Plan.

	/s/ Barbara A. Smucygz, Attorney-in-Fact	08/27/2025
	** 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.
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 did Todd P. Helms (MWA) report on Form 4 dated 08/25/2025?

The Form 4 reports a disposition of 839 common shares on 08/25/2025 at a price of $26.88, described as shares withheld to cover tax liability on vested restricted stock units.

How many Mueller Water Products (MWA) shares does the reporting person own after the transaction?

The filing reports beneficial ownership of 54,592.835 shares following the reported transaction.

Does the Form 4 mention shares from an Employee Stock Purchase Plan (ESPP)?

Yes. The filing states that the beneficial ownership total includes 9.74 shares acquired under the Mueller Water Products Employee Stock Purchase Plan.

What reason does the Form 4 give for the disposition of shares?

The filing explains that shares were withheld to cover the tax liability on the lapse of restrictions on restricted stock units.

Who signed the Form 4 and when was it signed?

The Form 4 was signed by Barbara A. Smucygz, Attorney-in-Fact on 08/27/2025.