Badger Meter, Inc. Files Definitive Proxy Statement

TL;DR

<b>Badger Meter, Inc. has filed its Definitive Proxy Statement for the fiscal year ending December 31, 2023.</b>

AI Summary

BADGER METER INC (BMI) filed a Proxy Statement (DEF 14A) with the SEC on March 18, 2024. Badger Meter, Inc. (BMI) filed a Definitive Proxy Statement (DEF 14A) on March 18, 2024. The filing pertains to the fiscal year ending December 31, 2023. The company's principal executive offices are located at 4545 West Brown Deer Road, Milwaukee, WI 53223. Badger Meter, Inc. was formerly known as Badger Meter Manufacturing Co. The filing includes details on executive compensation components such as stock options and performance share awards.

Why It Matters

For investors and stakeholders tracking BADGER METER INC, this filing contains several important signals. This filing provides shareholders with crucial information regarding the company's governance, executive compensation, and matters to be voted on at the upcoming shareholder meeting. Shareholders can review details on stock options, performance share awards, and other compensation elements for key executives.

Risk Assessment

Risk Level: low — BADGER METER INC shows low risk based on this filing. The filing is a routine DEF 14A, indicating standard corporate disclosure procedures rather than immediate financial or operational concerns.

Analyst Insight

Shareholders should review the proxy statement to understand executive compensation and vote on relevant proposals.

Key Numbers

• 2024-03-18 — Filing Date (DEF 14A Filing Date)
• 2023-12-31 — Fiscal Year End (Conformed Period of Report)
• 390143280 — IRS Number (Filer Information)
• WI — State of Incorporation (Filer Information)

Key Players & Entities

• Badger Meter, Inc. (company) — Registrant
• 4545 West Brown Deer Road (location) — Business Address
• Milwaukee (location) — Business Address City
• WI (location) — Business Address State
• Badger Meter Manufacturing Co. (company) — Former Company Name

FAQ

Industry Context

Badger Meter, Inc. operates in the industrial applications and services sector, specifically manufacturing totalizing fluid meters and counting devices.

Regulatory Implications

The filing is made under Section 14(a) of the Securities Exchange Act of 1934, governing proxy solicitations.

What Investors Should Do

1. Review executive compensation details, including stock options and performance awards.
2. Understand the proposals to be voted on at the shareholder meeting.
3. Assess the company's corporate governance practices as outlined in the filing.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a standard disclosure document for public companies regarding shareholder meetings and executive compensation.

Key Financial Figures

• $1 — 2,121 shares of common stock, par value $1 per share, outstanding and entitled to

Filing Documents

• bmi-20240308.htm (DEF 14A) — 1285KB
• img116645818_0.jpg (GRAPHIC) — 6KB
• img116645818_1.jpg (GRAPHIC) — 9KB
• img116645818_2.jpg (GRAPHIC) — 9KB
• img116645818_3.jpg (GRAPHIC) — 109KB
• img116645818_4.jpg (GRAPHIC) — 89KB
• 0000950170-24-032923.txt (&nbsp;) — 2454KB
• bmi-20240308.xsd (EX-101.SCH) — 31KB
• bmi-20240308_htm.xml (XML) — 142KB

Executive Compensation

Executive Compensation 16 Compensation Committee Interlocks and Insider Participation 30 Advisory Vote to Approve Compensation of Named Executive Officers 30 CEO Pay Ratio 32 Pay Versus Performance 32 Equity Compensation Plan Information 35 Audit and Compliance Committee Report 36 Principal Accounting Firm Fees 37 Ratification of Independent Registered Public Accounting Firm 37 Shareholder Proposal 39 Shareholder Proposals and Other Matters 41 BADGER METER, INC. 4545 West Brown Deer Road Milwaukee, Wisconsin 53223 PROXY STATEMENT To the Shareholders of BADGER METER, INC. We are furnishing you with this Proxy Statement in connection with the solicitation of proxies by the Board of Directors ("Board") of Badger Meter, Inc. ("company") to be used at our Annual Meeting of Shareholders (the "Annual Meeting"), which will be held at the Badger Meter headquarters in the Customer Experience Center, 4545 West Brown Deer Road, Milwaukee, Wisconsin on Friday, April 26, 2024, at 8:30 a.m. local time and at any adjournment or postponement thereof. If you execute a proxy, you retain the right to revoke it at any time before it is voted by giving written notice to us, by submitting a valid proxy bearing a later date or by voting your shares in person during the Annual Meeting. Unless you revoke your proxy, your shares will be voted at the Annual Meeting as you instructed in your proxy. Anyone who is a shareholder of record as of the close of business on February 23, 2024 (the "record date") may attend the Annual Meeting and vote in person. If your shares are held in "street name" by a broker, nominee, fiduciary or other custodian, you may not vote at the Annual Meeting unless you first obtain a proxy issued in your name from your broker, nominee, fiduciary or other custodian. As of the record date, we had 29,352,121 shares of common stock, par value $1 per share, outstanding and entitled to vote. You are entitled to one vote

View Full Filing

View this DEF 14A filing on SEC EDGAR