BMI

SEC source: 0001193125-26-092043 · ownership.xml · derivative · entry 3

BERGUM WILLIAM R A · CIK 0001353821 · VP-Gen. Counsel and Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: BMI Common Stock · 2,064 shares

Expires 2026-03-04

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001193125-26-092043 · ownership.xml · nonDerivative · entry 2

BERGUM WILLIAM R A · CIK 0001353821 · VP-Gen. Counsel and Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 14,867

SEC source: 0001193125-26-092043 · ownership.xml · nonDerivative · entry 1

BERGUM WILLIAM R A · CIK 0001353821 · VP-Gen. Counsel and Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 15,849

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001193125-26-089419 · ownership.xml · nonDerivative · entry 1

Weltzien Daniel R · CIK 0001762224 · VP-CFO & Treasurer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,942

SEC source: 0001193125-26-089417 · ownership.xml · nonDerivative · entry 1

Begale Fred J · CIK 0001462630 · VP-Utility NPD

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,489

SEC source: 0001193125-26-089413 · ownership.xml · nonDerivative · entry 1

Htwe Richard · CIK 0001959361 · VP-Global Operations

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,024

SEC source: 0001193125-26-089414 · ownership.xml · nonDerivative · entry 1

Bockhorst Kenneth · CIK 0001672279 · Director · Chairman, President & CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 60,611

SEC source: 0001193125-26-089410 · ownership.xml · nonDerivative · entry 1

Stoll Kimberly K · CIK 0001462632 · VP-Cust Serv & GM SmartCover

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,890

SEC source: 0001193125-26-089409 · ownership.xml · nonDerivative · entry 1

Wrocklage Robert · CIK 0001694589 · EVP-N.A. Muncipal Utility

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 22,947

SEC source: 0001193125-26-089407 · ownership.xml · nonDerivative · entry 1

BERGUM WILLIAM R A · CIK 0001353821 · VP-Gen. Counsel and Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 14,205

SEC source: 0001193125-26-089406 · ownership.xml · nonDerivative · entry 1

Hopkins Sheryl · CIK 0001829202 · VP - Human Resources

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,796

SEC source: 0001193125-26-051734 · ownership.xml · nonDerivative · entry 1

Hopkins Sheryl · CIK 0001829202 · VP - Human Resources

10b5-1 filing: No plan indicated

Ownership: Indirect · ESSOP

Disclosed balance after: 676.5986

SEC source: 0001193125-26-055269 · ownership.xml · nonDerivative · entry 1

Hopkins Sheryl · CIK 0001829202 · VP - Human Resources

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,850

F1 · kind: On March 3, 2023, the Reporting Person was granted Performance Stock Units ("PSUs"), the amount of which was subject to the achievement of certain performance criteria for the 2023-2025 performance period. The shares reported represent the number of PSUs that were earned as a result of the achievement of such performance criteria and approved by the Compensation and Human Resources Committee of the Board on February 12, 2026. The earned value of these shares is now subject to vesting, which will occur on March 3, 2026.

F3 · price: PSUs convert into common stock on a one-for-one basis

F2 · acquired: Represents the number of shares of common stock issued upon the vesting of PSUs granted on March 3, 2023 for the 2023-2025 performance period, based on the third anniversary of the grant date subject to both performance achievement approval and continued employment through such date.

SEC source: 0001193125-26-055270 · ownership.xml · nonDerivative · entry 2

Stoll Kimberly K · CIK 0001462632 · VP-Cust Serv & GM SmartCover

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,038

F3 · kind: On March 3, 2023, the Reporting Person was granted Performance Stock Units ("PSUs"), the amount of which was subject to the achievement of certain performance criteria for the 2023-2025 performance period. The shares reported represent the number of PSUs that were earned as a result of the achievement of such performance criteria and approved by the Compensation and Human Resources Committee of the Board on February 12, 2026. The earned value of these shares is now subject to vesting, which will occur on March 3, 2026.

F5 · price: PSUs convert into common stock on a one-for-one basis

F4 · acquired: Represents the number of shares of common stock issued upon the vesting of PSUs granted on March 3, 2023 for the 2023-2025 performance period, based on the third anniversary of the grant date subject to both performance achievement approval and continued employment through such date.

SEC source: 0001193125-26-055270 · ownership.xml · nonDerivative · entry 1

Stoll Kimberly K · CIK 0001462632 · VP-Cust Serv & GM SmartCover

10b5-1 filing: No plan indicated

Ownership: Indirect · ESSOP

Disclosed balance after: 6,500.97

F1 · kind: Represents share equivalents of Badger Meter stock accumulated during 2025 and early 2026 in the participant's unitized 401(k) component of the ESSOP, including contributions and match.

F2 · price: Year end stock price for Badger Meter Common Stock used to calculate the ESSOP unitized share equivalents.

SEC source: 0001193125-26-055267 · ownership.xml · nonDerivative · entry 2

BERGUM WILLIAM R A · CIK 0001353821 · VP-Gen. Counsel and Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 14,252

F3 · kind: On March 3, 2023, the Reporting Person was granted Performance Stock Units ("PSUs"), the amount of which was subject to the achievement of certain performance criteria for the 2023-2025 performance period. The shares reported represent the number of PSUs that were earned as a result of the achievement of such performance criteria and approved by the Compensation and Human Resources Committee of the Board on February 12, 2026. The earned value of these shares is now subject to vesting, which will occur on March 3, 2026.

F5 · price: PSUs convert into common stock on a one-for-one basis

F4 · acquired: Represents the number of shares of common stock issued upon the vesting of PSUs granted on March 3, 2023 for the 2023-2025 performance period, based on the third anniversary of the grant date subject to both performance achievement approval and continued employment through such date.

SEC source: 0001193125-26-055267 · ownership.xml · nonDerivative · entry 1

BERGUM WILLIAM R A · CIK 0001353821 · VP-Gen. Counsel and Secretary

10b5-1 filing: No plan indicated

Ownership: Indirect · ESSOP

Disclosed balance after: 11,951.48

F1 · kind: Represents share equivalents of Badger Meter stock accumulated during 2025 and early 2026 in the participant's unitized 401(k) component of the ESSOP, including contributions and match.

F2 · price: Year end stock price for Badger Meter Common Stock used to calculate the ESSOP unitized share equivalents.

SEC source: 0001193125-26-055268 · ownership.xml · nonDerivative · entry 2

Weltzien Daniel R · CIK 0001762224 · VP-CFO & Treasurer

10b5-1 filing: No plan indicated

Ownership: Indirect · ESSOP

Disclosed balance after: 111.68

F4 · kind: Represents share equivalents of Badger Meter stock accumulated during 2025 and early 2026 in the participant's unitized 401(k) component of the ESSOP, including contributions and match.

F5 · price: Year end stock price for Badger Meter Common Stock used to calculate the ESSOP unitized share equivalents.

SEC source: 0001193125-26-055268 · ownership.xml · nonDerivative · entry 1

Weltzien Daniel R · CIK 0001762224 · VP-CFO & Treasurer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,989

F1 · kind: On March 3, 2023, the Reporting Person was granted Performance Stock Units ("PSUs"), the amount of which was subject to the achievement of certain performance criteria for the 2023-2025 performance period. The shares reported represent the number of PSUs that were earned as a result of the achievement of such performance criteria and approved by the Compensation and Human Resources Committee of the Board on February 12, 2026. The earned value of these shares is now subject to vesting, which will occur on March 3, 2026.

F3 · price: PSUs convert into common stock on a one-for-one basis

F2 · acquired: Represents the number of shares of common stock issued upon the vesting of PSUs granted on March 3, 2023 for the 2023-2025 performance period, based on the third anniversary of the grant date subject to both performance achievement approval and continued employment through such date.

SEC source: 0001193125-26-055266 · ownership.xml · nonDerivative · entry 2

Begale Fred J · CIK 0001462630 · VP-Utility NPD

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,530

F3 · kind: On March 3, 2023, the Reporting Person was granted Performance Stock Units ("PSUs"), the amount of which was subject to the achievement of certain performance criteria for the 2023-2025 performance period. The shares reported represent the number of PSUs that were earned as a result of the achievement of such performance criteria and approved by the Compensation and Human Resources Committee of the Board on February 12, 2026. The earned value of these shares is now subject to vesting, which will occur on March 3, 2026.

F5 · price: PSUs convert into common stock on a one-for-one basis

F4 · acquired: Represents the number of shares of common stock issued upon the vesting of PSUs granted on March 3, 2023 for the 2023-2025 performance period, based on the third anniversary of the grant date subject to both performance achievement approval and continued employment through such date.

SEC source: 0001193125-26-055266 · ownership.xml · nonDerivative · entry 1

Begale Fred J · CIK 0001462630 · VP-Utility NPD

10b5-1 filing: No plan indicated

Ownership: Indirect · ESSOP

Disclosed balance after: 7,505.29

F1 · kind: Represents share equivalents of Badger Meter stock accumulated during 2025 and early 2026 in the participant's unitized 401(k) component of the ESSOP, including contributions and match.

F2 · price: Year end stock price for Badger Meter Common Stock used to calculate the ESSOP unitized share equivalents.

SEC source: 0001193125-26-055265 · ownership.xml · nonDerivative · entry 2

Stuyvenberg Matthew L · CIK 0001904247 · EVP-SaaS Intl Utility & Comm'l

10b5-1 filing: No plan indicated

Ownership: Indirect · ESSOP

Disclosed balance after: 1,291.36

F4 · kind: Represents share equivalents of Badger Meter stock accumulated during 2025 and early 2026 in the participant's unitized 401(k) component of the ESSOP, including contributions and match.

F5 · price: Year end stock price for Badger Meter Common Stock used to calculate the ESSOP unitized share equivalents.

SEC source: 0001193125-26-055265 · ownership.xml · nonDerivative · entry 1

Stuyvenberg Matthew L · CIK 0001904247 · EVP-SaaS Intl Utility & Comm'l

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,977

F1 · kind: On March 3, 2023, the Reporting Person was granted Performance Stock Units ("PSUs"), the amount of which was subject to the achievement of certain performance criteria for the 2023-2025 performance period. The shares reported represent the number of PSUs that were earned as a result of the achievement of such performance criteria and approved by the Compensation and Human Resources Committee of the Board on February 12, 2026. The earned value of these shares is now subject to vesting, which will occur on March 3, 2026.

F3 · price: PSUs convert into common stock on a one-for-one basis

F2 · acquired: Represents the number of shares of common stock issued upon the vesting of PSUs granted on March 3, 2023 for the 2023-2025 performance period, based on the third anniversary of the grant date subject to both performance achievement approval and continued employment through such date.

SEC source: 0001193125-26-055264 · ownership.xml · nonDerivative · entry 1

Htwe Richard · CIK 0001959361 · VP-Global Operations

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,078

F1 · kind: On March 3, 2023, the Reporting Person was granted Performance Stock Units ("PSUs"), the amount of which was subject to the achievement of certain performance criteria for the 2023-2025 performance period. The shares reported represent the number of PSUs that were earned as a result of the achievement of such performance criteria and approved by the Compensation and Human Resources Committee of the Board on February 12, 2026. The earned value of these shares is now subject to vesting, which will occur on March 3, 2026.

F3 · price: PSUs convert into common stock on a one-for-one basis.

F2 · acquired: Represents the number of shares of common stock issued upon the vesting of PSUs granted on March 3, 2023 for the 2023-2025 performance period, based on the third anniversary of the grant date subject to both performance achievement approval and continued employment through such date.

SEC source: 0001193125-26-055263 · ownership.xml · nonDerivative · entry 2

Bockhorst Kenneth · CIK 0001672279 · Director · Chairman, President & CEO

10b5-1 filing: No plan indicated

Ownership: Indirect · ESSOP

Disclosed balance after: 255.8

F4 · kind: Represents share equivalents of Badger Meter stock accumulated during 2025 and early 2026 in the participant's unitized 401(k) component of the ESSOP, including contributions and match.

F5 · price: Year end stock price for Badger Meter Common Stock used to calculate the ESSOP unitized share equivalents.

SEC source: 0001193125-26-055263 · ownership.xml · nonDerivative · entry 1

Bockhorst Kenneth · CIK 0001672279 · Director · Chairman, President & CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 61,159

F1 · kind: On March 3, 2023, the Reporting Person was granted Performance Stock Units ("PSUs"), the amount of which was subject to the achievement of certain performance criteria for the 2023-2025 performance period. The shares reported represent the number of PSUs that were earned as a result of the achievement of such performance criteria and approved by the Compensation and Human Resources Committee of the Board on February 12, 2026. The earned value of these shares is now subject to vesting, which will occur on March 3, 2026.

F3 · price: PSUs convert into common stock on a one-for-one basis.

F2 · acquired: Represents the number of shares of common stock issued upon the vesting of PSUs granted on March 3, 2023 for the 2023-2025 performance period, based on the third anniversary of the grant date subject to both performance achievement approval and continued employment through such date.

SEC source: 0001193125-26-055262 · ownership.xml · nonDerivative · entry 2

Wrocklage Robert · CIK 0001694589 · EVP-N.A. Muncipal Utility

10b5-1 filing: No plan indicated

Ownership: Indirect · ESSOP

Disclosed balance after: 172.3

F4 · kind: Represents share equivalents of Badger Meter stock accumulated during 2025 and early 2026 in the participant's unitized 401(k) component of the ESSOP, including contributions and match.

F5 · price: Year end stock price for Badger Meter Common Stock used to calculate the ESSOP unitized share equivalents.

SEC source: 0001193125-26-055262 · ownership.xml · nonDerivative · entry 1

Wrocklage Robert · CIK 0001694589 · EVP-N.A. Muncipal Utility

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 23,119

F1 · kind: On March 3, 2023, the Reporting Person was granted Performance Stock Units ("PSUs"), the amount of which was subject to the achievement of certain performance criteria for the 2023-2025 performance period. The shares reported represent the number of PSUs that were earned as a result of the achievement of such performance criteria and approved by the Compensation and Human Resources Committee of the Board on February 12, 2026. The earned value of these shares is now subject to vesting, which will occur on March 3, 2026.

F3 · price: PSUs convert into common stock on a one-for-one basis.

F2 · acquired: Represents the number of shares of common stock issued upon the vesting of PSUs granted on March 3, 2023 for the 2023-2025 performance period, based on the third anniversary of the grant date subject to both performance achievement approval and continued employment through such date.

SEC source: 0001193125-26-045681 · ownership.xml · nonDerivative · entry 1

Bockhorst Kenneth · CIK 0001672279 · Director · Chairman, President & CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 40,013

SEC source: 0001193125-26-043847 · ownership.xml · nonDerivative · entry 1

Wrocklage Robert · CIK 0001694589 · EVP-N.A. Muncipal Utility

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 19,541

SEC source: 0001193125-26-041493 · ownership.xml · nonDerivative · entry 1

Htwe Richard · CIK 0001959361 · VP-Global Operations

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,885

SEC source: 0001193125-26-043013 · ownership.xml · nonDerivative · entry 1

Htwe Richard · CIK 0001959361 · VP-Global Operations

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,885

F1 · kind: The amendment is being filed solely to correct the transaction code used in the original Form 4 filed on February 6, 2026.

SEC source: 0001193125-26-001138 · ownership.xml · derivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 15,995.773

Underlying: BMI Common Stock · 108.94 shares

Expires not disclosed

F1 · derivative.exercise_price: 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.

F2 · kind: The phantom stock units were accrued in Mr. Adams' Badger Meter, Inc. Director Deferred Compensation Plan account as payment for his 2026 Quarter 1 retainer paid to non-employee directors in the amount of $19,000. The phantom stock units were computed at $174.41, the 12/31/25 closing price of the Company's common stock as required by the plan.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

SEC source: 0001193125-26-001137 · ownership.xml · derivative · entry 1

Liu Xia · CIK 0001644492 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,316.717

Underlying: BMI Common Stock · 108.94 shares

Expires not disclosed

F1 · derivative.exercise_price: 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.

F2 · kind: The phantom stock units were accrued in Ms. Liu's Badger Meter, Inc. Director Deferred Compensation Plan account as payment for her 2026 Quarter 1 retainer paid to non-employee directors in the amount of $19,000. The phantom stock units were computed at $174.41, the 12/31/25 closing price of the Company's common stock as required by the plan.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

SEC source: 0001193125-25-228592 · ownership.xml · derivative · entry 2

Liu Xia · CIK 0001644492 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,207.777

Underlying: BMI Common Stock · 18.215 shares

Expires not disclosed

F1 · derivative.exercise_price: 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.

F3 · price: Includes phantom stock units acquired through routine dividend equivalent payments on previously granted phantom stock units, which acquisitions are exempt under Rule 16a-11.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

SEC source: 0001193125-25-228592 · ownership.xml · derivative · entry 1

Liu Xia · CIK 0001644492 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,189.562

Underlying: BMI Common Stock · 89.62 shares

Expires not disclosed

F1 · derivative.exercise_price: 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.

F2 · kind: The phantom stock units were accrued in Ms. Liu's Badger Meter, Inc. Director Deferred Compensation Plan account as payment for her 2025 Quarter 4 retainer paid to non-employee directors in the amount of $16,000. The phantom stock units were computed at $178.54, the 9/30/25 closing price of the Company's common stock as required by the plan.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

SEC source: 0001193125-25-228610 · ownership.xml · derivative · entry 2

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 15,886.833

Underlying: BMI Common Stock · 102.446 shares

Expires not disclosed

F1 · derivative.exercise_price: 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.

F3 · price: Includes phantom stock units acquired through routine dividend equivalent payments on previously granted phantom stock units, which acquisitions are exempt under Rule 16a-11.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

SEC source: 0001193125-25-228610 · ownership.xml · derivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 15,784.387

Underlying: BMI Common Stock · 89.62 shares

Expires not disclosed

F1 · derivative.exercise_price: 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.

F2 · kind: The phantom stock units were accrued in Mr. Adams' Badger Meter, Inc. Director Deferred Compensation Plan account as payment for his 2025 Quarter 4 retainer paid to non-employee directors in the amount of $16,000. The phantom stock units were computed at $178.54, the 9/30/25 closing price of the Company's common stock as required by the plan.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

SEC source: 0000950170-25-093315 · ownership.xml · derivative · entry 1

Liu Xia · CIK 0001644492 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,099.942

Underlying: BMI Common Stock · 65.32 shares

Expires not disclosed

F1 · derivative.exercise_price: 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.

F2 · kind: The phantom stock units were accrued in Ms. Liu's Badger Meter, Inc. Director Deferred Compensation Plan account as payment for her 2025 Quarter 3 retainer paid to non-employee directors in the amount of $16,000. The phantom stock units were computed at $244.95, the 6/30/25 closing price of the Company's common stock as required by the plan.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

SEC source: 0000950170-25-093314 · ownership.xml · derivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 15,694.767

Underlying: BMI Common Stock · 65.32 shares

Expires not disclosed

F1 · derivative.exercise_price: 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.

F2 · kind: The phantom stock units were accrued in Mr. Adams' Badger Meter, Inc. Director Deferred Compensation Plan account as payment for his 2025 Quarter 3 retainer paid to non-employee directors in the amount of $16,000. The phantom stock units were computed at $244.95, the 6/30/25 closing price of the Company's common stock as required by the plan.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

SEC source: 0000950170-25-070606 · ownership.xml · nonDerivative · entry 1

Bockhorst Kenneth · CIK 0001672279 · Director · Chairman, President & CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 36,713

F1 · price: The reporting person transferred shares as a bona fide gift to a charitable family foundation.

SEC source: 0000950170-25-060428 · ownership.xml · nonDerivative · entry 1

TELLOCK GLEN E · CIK 0001205092 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,599

F1 · kind: Shares granted pursuant to the 2021 Omnibus Incentive Plan as approved by shareholders on April 30, 2021. Non-employee directors are given an annual grant of Badger Meter Common Stock on the first business day following the Company's annual meeting. This year's grant is equal to $100,000 as rounded down to the nearest whole share based on a 10-day average closing price of the Company's Common stock.

SEC source: 0000950170-25-060296 · ownership.xml · derivative · entry 2

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 15,629.447

Underlying: BMI Common Stock · 494 shares

Expires not disclosed

F1 · derivative.exercise_price: 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.

F3 · kind: Shares granted pursuant to the 2021 Omnibus Incentive Plan as approved by shareholders on April 30, 2021. Non-employee directors are given an annual grant of Badger Meter Common Stock on the first business day following the Company's annual meeting. This year's grant is equal to $100,000 as rounded down to the nearest whole share based on a 10-day average closing price of the Company's Common stock.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

SEC source: 0000950170-25-060296 · ownership.xml · derivative · entry 1

ADAMS TODD A. · CIK 0001525211 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 15,135.447

Underlying: BMI Common Stock · 52.56 shares

Expires not disclosed

F1 · derivative.exercise_price: 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.

F2 · kind: The phantom stock units were accrued in Mr. Adams Badger Meter, Inc. Director Deferred Compensation Plan account as payment for his annual Compensation Committee Chair Fee in the amount of $10,000. The phantom stock units were computed at $190.25, the 3/31/2025 closing price of the Company's stock, as required by the plan.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

SEC source: 0000950170-25-060294 · ownership.xml · derivative · entry 2

Liu Xia · CIK 0001644492 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,034.622

Underlying: BMI Common Stock · 494 shares

Expires not disclosed

F1 · derivative.exercise_price: 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.

F3 · kind: Shares granted pursuant to the 2021 Omnibus Incentive Plan as approved by shareholders on April 30, 2021. Non-employee directors are given an annual grant of Badger Meter Common Stock on the first business day following the Company's annual meeting. This year's grant is equal to $100,000 as rounded down to the nearest whole share based on a 10-day average closing price of the Company's Common stock.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

SEC source: 0000950170-25-060294 · ownership.xml · derivative · entry 1

Liu Xia · CIK 0001644492 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,540.622

Underlying: BMI Common Stock · 78.84 shares

Expires not disclosed

F1 · derivative.exercise_price: 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.

F2 · kind: The phantom stock units were accrued in Ms. Liu's Badger Meter, Inc. Director Deferred Compensation Plan account as payment for her annual Audit and Compliance Committee Chair Fee in the amount of $15,000. The phantom stock units were computed at $190.25, the 3/31/2025 closing price of the Company's stock, as required by the plan.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

SEC source: 0000950170-25-060291 · ownership.xml · nonDerivative · entry 1

Cook Melanie K. · CIK 0001914165 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,285

F1 · kind: Shares granted pursuant to the 2021 Omnibus Incentive Plan as approved by shareholders on April 30, 2021. Non-employee directors are given an annual grant of Badger Meter Common Stock on the first business day following the Company's annual meeting. This year's grant is equal to $100,000 as rounded down to the nearest whole share based on a 10-day average closing price of the Company's Common stock.

SEC source: 0000950170-25-060293 · ownership.xml · nonDerivative · entry 1

STERN JAMES F · CIK 0001399737 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,599

F1 · kind: Shares granted pursuant to the 2021 Omnibus Incentive Plan as approved by shareholders on April 30, 2021. Non-employee directors are given an annual grant of Badger Meter Common Stock on the first business day following the Company's annual meeting. This year's grant is equal to $100,000 as rounded down to the nearest whole share based on a 10-day average closing price of the Company's Common stock.

SEC source: 0000950170-25-060292 · ownership.xml · nonDerivative · entry 1

Myers Tessa M. · CIK 0001769006 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,961

F1 · kind: Shares granted pursuant to the 2021 Omnibus Incentive Plan as approved by shareholders on April 30, 2021. Non-employee directors are given an annual grant of Badger Meter Common Stock on the first business day following the Company's annual meeting. This year's grant is equal to $100,000 as rounded down to the nearest whole share based on a 10-day average closing price of the Company's Common stock.

SEC source: 0000950170-25-060290 · ownership.xml · nonDerivative · entry 1

Brooks Henry F · CIK 0001880039 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,285

F1 · kind: Shares granted pursuant to the 2021 Omnibus Incentive Plan as approved by shareholders on April 30, 2021. Non-employee directors are given an annual grant of Badger Meter Common Stock on the first business day following the Company's annual meeting. This year's grant is equal to $100,000 as rounded down to the nearest whole share based on a 10-day average closing price of the Company's Common stock.