January 2, 2024 · Form 4 insider transaction
Liu Xia bought 103.65 shares of Badger Meter, Inc. at $154.37 per share, a transaction worth $16.0K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 0 days after the transaction.
Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash upon the reporting person's termination of service as a director.; The phantom stock units were accrued in Ms. Liu's Badger Meter, Inc. Director Deferred Compensation Plan account as payment for her First Quarter 2024 retainer paid to non-employee directors in the amount of $16,000. The phantom stock units were computed at $154.37, the 12/29/2023 closing price of the Company's stock, as required by the plan.