Mueller Water (MWA) EVP faces routine tax withholding on vested stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mueller Water Products EVP & Chief Commercial Officer Floyd Scott P. reported a routine tax-withholding transaction related to equity compensation. On the lapse of restrictions on restricted stock units, 5,907 shares of common stock were withheld at $25.37 per share to cover tax obligations, rather than sold on the open market.
Following this tax-withholding disposition, Scott directly holds about 107,678.73 shares of Mueller Water Products common stock. This total includes 12,086.04 shares acquired under the Mueller Water Products, Inc. Employee Stock Purchase Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Floyd Scott P.
Role
EVP & Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 5,907 | $25.37 | $150K |
Holdings After Transaction:
Common Stock — 107,678.729 shares (Direct, null)
Footnotes (1)
- Shares were withheld to cover the tax liability on the lapse of the restrictions on restricted stock units. Includes 12,086.04 shares acquired under the Mueller Water Products, Inc. Employee Stock Purchase Plan.
Key Figures
Shares withheld for taxes: 5,907 shares
Tax-withholding price: $25.37 per share
Shares held after transaction: 107,678.7287 shares
+2 more
5 metrics
Shares withheld for taxes
5,907 shares
Tax-withholding disposition on RSU vesting
Tax-withholding price
$25.37 per share
Value used for withheld shares
Shares held after transaction
107,678.7287 shares
Direct common stock ownership following withholding
Tax-withholding shares (summary)
5,907 shares
Form 4 transactionSummary taxWithholdingShares
ESPP-acquired shares
12,086.04 shares
Held under Mueller Water Products Employee Stock Purchase Plan
Key Terms
restricted stock units, Employee Stock Purchase Plan, tax-withholding disposition, Common Stock
4 terms
restricted stock units financial
"Shares were withheld to cover the tax liability on the lapse of the restrictions on restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Employee Stock Purchase Plan financial
"Includes 12,086.04 shares acquired under the Mueller Water Products, Inc. Employee Stock Purchase Plan."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Mueller Water Products (MWA) report for Floyd Scott P.?
Mueller Water Products reported that EVP & Chief Commercial Officer Floyd Scott P. had 5,907 common shares withheld to cover taxes when restricted stock units vested. This is a tax-withholding disposition, not an open-market sale, and reflects routine equity compensation processing.
Was the Mueller Water Products (MWA) insider transaction an open-market sale?
No, the transaction was not an open-market sale. 5,907 Mueller Water Products common shares were withheld to satisfy tax liabilities upon vesting of restricted stock units, a standard non-market mechanism for handling taxes on equity awards.
What triggered the tax-withholding disposition in the Mueller Water Products (MWA) Form 4?
The tax-withholding disposition was triggered by the lapse of restrictions on restricted stock units held by Floyd Scott P. When these units vested, 5,907 shares were withheld to cover the resulting tax liability, as explained in the Form 4 footnotes.