Badger Meter Executive Compensation Details Revealed
Ticker: BMI · Form: DEF 14A · Filed: 2024-03-18T00:00:00.000Z
Sentiment: neutral
Topics: executive-compensation, DEF-14A, proxy-statement
TL;DR
Badger Meter's exec comp filing is out - check out stock options & performance awards for 2023.
AI Summary
Badger Meter Inc. filed a DEF 14A on March 18, 2024, detailing executive compensation for the fiscal year ending December 31, 2023. The filing includes information on stock options, performance share awards, and restricted stock awards granted to its PEO and Non-PEO NEO members. Specific financial details regarding gains and fair values of these awards are presented.
Why It Matters
This filing provides transparency into how Badger Meter compensates its top executives, which can influence investor perception and executive decision-making.
Risk Assessment
Risk Level: low — This is a routine annual filing (DEF 14A) disclosing executive compensation, not indicating new or unusual risks.
Key Numbers
- 2023 — Fiscal Year End (Executive compensation data pertains to this year.)
- 20240318 — Filing Date (Date the DEF 14A was filed with the SEC.)
Key Players & Entities
- BADGER METER INC (company) — Filer
- 4545 WEST BROWN DEER ROAD (address) — Company Business Address
- MILWAUKEE (city) — Company Business Address City
- WI (state) — Company Business Address State
- 53223 (zip_code) — Company Business Address Zip
- 4143715702 (phone_number) — Company Business Phone
FAQ
What is the primary purpose of this DEF 14A filing for Badger Meter Inc.?
The primary purpose is to disclose information regarding the solicitation of proxies for the company's annual meeting of shareholders, particularly concerning executive compensation.
What types of executive compensation are detailed in this filing?
The filing details stock options, performance share awards (both gains and fair value), and restricted stock awards for PEO and Non-PEO NEO members.
For which fiscal year does this filing provide executive compensation data?
The executive compensation data provided in this filing pertains to the fiscal year ending December 31, 2023.
Who are the recipients of the compensation awards mentioned in the filing?
The awards are granted to PEO (Principal Executive Officer) and Non-PEO NEO (Named Executive Officer) members.
When was this DEF 14A filing submitted to the SEC?
This DEF 14A filing was submitted to the SEC on March 18, 2024.
From the Filing
0000950170-24-032923.txt : 20240318 0000950170-24-032923.hdr.sgml : 20240318 20240318171525 ACCESSION NUMBER: 0000950170-24-032923 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20240426 FILED AS OF DATE: 20240318 DATE AS OF CHANGE: 20240318 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BADGER METER INC CENTRAL INDEX KEY: 0000009092 STANDARD INDUSTRIAL CLASSIFICATION: TOTALIZING FLUID METERS & COUNTING DEVICES [3824] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 390143280 STATE OF INCORPORATION: WI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-06706 FILM NUMBER: 24760050 BUSINESS ADDRESS: STREET 1: 4545 WEST BROWN DEER ROAD CITY: MILWAUKEE STATE: WI ZIP: 53223 BUSINESS PHONE: 4143715702 MAIL ADDRESS: STREET 1: 4545 W BROWN DEER RD CITY: MILWAUKEE STATE: WI ZIP: 53223 FORMER COMPANY: FORMER CONFORMED NAME: BADGER METER MANUFACTURING CO DATE OF NAME CHANGE: 19710729 DEF 14A 1 bmi-20240308.htm DEF 14A DEF 14A false 0000009092 DEF 14A 0000009092 2020-01-01 2020-12-31 0000009092 bmi:StockOptionsGainAsOfEndOfTheYearOnAwardsGrantedInPriorYearAndRemainedUnvestedMember ecd:PeoMember 2023-01-01 2023-12-31 0000009092 ecd:NonPeoNeoMember bmi:PerformanceShareAwardsGainAsOfEndOfYearAtProjectedVestingAchievementOfAwardsGrantedInPriorYearAndRemainedUnvestedMember 2023-01-01 2023-12-31 0000009092 ecd:PeoMember bmi:StockOptionsGainLossOnVestingPriorAwardsMember 2023-01-01 2023-12-31 0000009092 ecd:PeoMember bmi:PerformanceShareAwardsGainAsOfEndOfYearAtProjectedVestingAchievementOfAwardsGrantedInPriorYearAndRemainedUnvestedMember 2023-01-01 2023-12-31 0000009092 ecd:NonPeoNeoMember bmi:PerformanceShareAwardsFairValueAsOfEndOfYearAtProjectedVestingAchievementOfAwardsGrantedDuringYearMember 2023-01-01 2023-12-31 0000009092 1 2023-01-01 2023-12-31 0000009092 ecd:PeoMember bmi:RestrictedStockAwardsForFairValueAsOfEndOfYearOfAwardsGrantedDuringYearMember 2023-01-01 2023-12-31 0000009092 ecd:NonPeoNeoMember bmi:StockOptionsGainLossOnVestingPriorAwardsMember 2023-01-01 2023-12-31 0000009092 3 2023-01-01 2023-12-31 0000009092 bmi:StockOptionsGainAsOfEndOfTheYearOnAwardsGrantedInPriorYearAndRemainedUnvestedMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000009092 ecd:PeoMember bmi:PerformanceShareAwardsFairValueAsOfEndOfYearAtProjectedVestingAchievementOfAwardsGrantedDuringYearMember 2023-01-01 2023-12-31 0000009092 bmi:RestrictedStockAwardsGainLossOnVestingPriorYearAwardsMember ecd:PeoMember 2023-01-01 2023-12-31 0000009092 ecd:NonPeoNeoMember bmi:RestrictedStockAwardsForFairValueAsOfEndOfYearOfAwardsGrantedDuringYearMember 2023-01-01 2023-12-31 0000009092 ecd:NonPeoNeoMember bmi:RestrictedStockAwardsGainAsOfEndOfYearOnAwardsGrantedInPriorYearAndRemainedUnvestedMember 2023-01-01 2023-12-31 0000009092 bmi:RestrictedStockAwardsGainLossOnVestingPriorYearAwardsMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000009092 2023-01-01 2023-12-31 0000009092 2022-01-01 2022-12-31 0000009092 bmi:RestrictedStockAwardsGainAsOfEndOfYearOnAwardsGrantedInPriorYearAndRemainedUnvestedMember ecd:PeoMember 2023-01-01 2023-12-31 0000009092 2 2023-01-01 2023-12-31 0000009092 4 2023-01-01 2023-12-31 0000009092 2021-01-01 2021-12-31 iso4217:USD `   UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549   SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. )     Filed by the Registrant ☒   Filed by a Party other than the Registrant ☐     Check the appropriate box: ☐ Preliminary Proxy Statement ☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ☒ Definitive Proxy Statement ☐ Definitive Additional Materials ☐ Soliciting Material under Rule 14a-12   Badger Meter, Inc. (Name of registrant as specified in its charter) (Name of person(s) filing proxy statement, if other than the registr