Kenneth Bockhorst - Mar 1, 2024 Form 4 Insider Report for BADGER METER INC (BMI)

Role: Chairman, President & CEO, Director
Signature: /s/ William R.A. Bergum, Attorney-in-Fact for Kenneth C. Bockhorst
Stock symbol: BMI
Transactions as of: Mar 1, 2024
Transactions value $: -$120,460
Form type: 4
Date filed: 3/4/2024, 06:30 PM
Previous filing: Mar 7, 2024
Next filing: Apr 1, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BMI	Common Stock	Award		+3.5K	+10.91%		35.5K	Mar 1, 2024	Direct	F1
transaction	BMI	Common Stock	Tax liability	-$120K	-755	-2.13%	$159.55	34.8K	Mar 4, 2024	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock granted March 1, 2024 to reporting person under the 2021 Omnibus Incentive Plan. The restricted stock vests ratably over three years from the grant date.
F2	The price in Column 4 is a weighted average price. Prices actually received ranged from $159.39 to $159.72. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price for all transactions reported in this Form 4.