Liu Xia

SEC source: 0001193125-26-411366 · ownership.xml · derivative · entry 1

Liu Xia · CIK 0001644492 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,806.557

Underlying: BMI Common Stock · 153.8 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 4 retainer paid to non-employee directors in the amount of $19,000. The phantom stock units were computed at $123.54, the 9/30/26 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: 0001193125-26-295049 · ownership.xml · derivative · entry 1

Liu Xia · CIK 0001644492 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,652.757

Underlying: BMI Common Stock · 128.05 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 3 retainer paid to non-employee directors in the amount of $19,000. The phantom stock units were computed at $148.38, the 6/30/26 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: 0001193125-26-203999 · ownership.xml · derivative · entry 1

Liu Xia · CIK 0001644492 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,524.707

Underlying: BMI Common Stock · 131.28 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 $20,000. The phantom stock units were computed at $152.35, the 3/31/2026 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: 0001193125-26-191096 · ownership.xml · derivative · entry 1

Liu Xia · CIK 0001644492 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,393.427

Underlying: BMI Common Stock · 952 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: 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 $125,000 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: 0001193125-26-140675 · ownership.xml · derivative · entry 1

Liu Xia · CIK 0001644492 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,441.427

Underlying: BMI Common Stock · 124.71 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 2 retainer paid to non-employee directors in the amount of $19,000. The phantom stock units were computed at $152.35, the 3/31/26 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: 0001644492-26-000002 · wk-form4_1767743862.xml · nonDerivative · entry 3

Liu Xia · CIK 0001644492 · EVP and CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 23,548

SEC source: 0001644492-26-000002 · wk-form4_1767743862.xml · derivative · entry 4

Liu Xia · CIK 0001644492 · EVP and CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 20,955

Underlying: Common Stock · 20,955 shares

Expires 2036-01-02

F1 · derivative.exercise_date: Options vest 100% on the date indicated.

SEC source: 0001644492-26-000002 · wk-form4_1767743862.xml · nonDerivative · entry 2

Liu Xia · CIK 0001644492 · EVP and CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 23,866

SEC source: 0001644492-26-000002 · wk-form4_1767743862.xml · nonDerivative · entry 1

Liu Xia · CIK 0001644492 · EVP and CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 24,952

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: 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: 0000950170-25-060294 · 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: 0000950170-25-049523 · ownership.xml · derivative · entry 1

Liu Xia · CIK 0001644492 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,461.782

Underlying: BMI Common Stock · 84.1 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 1 retainer paid to non-employee directors in the amount of $16,000. The phantom stock units were computed at $190.25, the 3/31/25 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: 0000107815-25-000125 · wk-form4_1741368842.xml · derivative · entry 1

Liu Xia · CIK 0001644492 · EVP and CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,443.4336

Underlying: Common Stock · 1,041.4196 shares

Expires not disclosed

F1 · derivative.exercise_price: One-for-one.

F2 · derivative.exercise_date: These phantom stock units were accrued under the WEC Energy Group, Inc. Nonqualified Retirement Savings Plan (NQRSP). Phantom stock units accrued under the NQRSP are settled following the reporting person's retirement or other termination of employment.

F2 · derivative.expiration_date: These phantom stock units were accrued under the WEC Energy Group, Inc. Nonqualified Retirement Savings Plan (NQRSP). Phantom stock units accrued under the NQRSP are settled following the reporting person's retirement or other termination of employment.

F3 · balance_after: Includes phantom stock units accrued pursuant to a dividend reinvestment feature of the NQRSP in transactions exempt from Section 16 pursuant to Rule 16a-11.

SEC source: 0000107815-25-000076 · wk-form4_1736281090.xml · nonDerivative · entry 1

Liu Xia · CIK 0001644492 · EVP and CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 20,587

SEC source: 0000950170-25-000546 · ownership.xml · derivative · entry 1

Liu Xia · CIK 0001644492 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,377.682

Underlying: BMI Common Stock · 75.43 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 1 retainer paid to non-employee directors in the amount of $16,000. The phantom stock units were computed at $212.12, the 12/31/2024 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: 0000107815-25-000052 · wk-form4_1736209200.xml · derivative · entry 3

Liu Xia · CIK 0001644492 · EVP and CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 17,885

Underlying: Common Stock · 17,885 shares

Expires 2035-01-02

F1 · derivative.exercise_date: Options vest 100% on date indicated.

SEC source: 0000107815-25-000052 · wk-form4_1736209200.xml · nonDerivative · entry 2

Liu Xia · CIK 0001644492 · EVP and CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 21,211

SEC source: 0000107815-25-000052 · wk-form4_1736209200.xml · nonDerivative · entry 1

Liu Xia · CIK 0001644492 · EVP and CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 21,820

SEC source: 0000950170-24-110994 · ownership.xml · derivative · entry 2

Liu Xia · CIK 0001644492 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,302.252

Underlying: BMI Common Stock · 11.782 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: 0000950170-24-110994 · ownership.xml · derivative · entry 1

Liu Xia · CIK 0001644492 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,290.47

Underlying: BMI Common Stock · 73.26 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 2024 Quarter 4 retainer paid to non-employee directors in the amount of $16,000. The phantom stock units were computed at $218.41, the 9/30/2024 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: 0000950170-24-080583 · ownership.xml · derivative · entry 1

Liu Xia · CIK 0001644492 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,217.21

Underlying: BMI Common Stock · 85.86 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 2024 Quarter 3 retainer paid to non-employee directors in the amount of $16,000. The phantom stock units were computed at $186.35, the 6/28/2024 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: 0000950170-24-050669 · ownership.xml · derivative · entry 2

Liu Xia · CIK 0001644492 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,131.35

Underlying: BMI Common Stock · 452 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 $80,000 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: 0000950170-24-050669 · ownership.xml · derivative · entry 1

Liu Xia · CIK 0001644492 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,679.35

Underlying: BMI Common Stock · 61.8 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 $10,000. The phantom stock units were computed at $161.81, the 3/31/2024 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: 0000950170-24-039611 · ownership.xml · derivative · entry 1

Liu Xia · CIK 0001644492 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,617.55

Underlying: BMI Common Stock · 98.88 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 his 2024 Quarter 2 retainer paid to non-employee directors in the amount of $16,000. The phantom stock units were computed at $161.81, the 3/28/2024 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: 0000107815-24-000110 · wk-form4_1709829593.xml · derivative · entry 1

Liu Xia · CIK 0001644492 · EVP and CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,282.8909

Underlying: Common Stock · 1,286.9859 shares

Expires not disclosed

F1 · derivative.exercise_price: One-for-one.

F2 · derivative.exercise_date: These phantom stock units were accrued under the WEC Energy Group, Inc. Nonqualified Retirement Savings Plan (NQRSP). Phantom stock units accrued under the NQRSP are settled following the reporting person's retirement or other termination of employment.

F2 · derivative.expiration_date: These phantom stock units were accrued under the WEC Energy Group, Inc. Nonqualified Retirement Savings Plan (NQRSP). Phantom stock units accrued under the NQRSP are settled following the reporting person's retirement or other termination of employment.

F3 · balance_after: Includes phantom stock units accrued pursuant to a dividend reinvestment feature of the NQRSP in transactions exempt from Section 16 pursuant to Rule 16a-11.

SEC source: 0000107815-24-000061 · wk-form4_1704741362.xml · nonDerivative · entry 1

Liu Xia · CIK 0001644492 · EVP and CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 17,391

SEC source: 0000107815-24-000033 · wk-form4_1704414910.xml · nonDerivative · entry 2

Liu Xia · CIK 0001644492 · EVP and CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 17,671

SEC source: 0000950170-24-000316 · ownership.xml · derivative · entry 1

Liu Xia · CIK 0001644492 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,518.67

Underlying: BMI Common Stock · 103.65 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 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.

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: 0000107815-24-000033 · wk-form4_1704414910.xml · derivative · entry 3

Liu Xia · CIK 0001644492 · EVP and CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 20,847

Underlying: Common Stock · 20,847 shares

Expires 2034-01-02

F1 · derivative.exercise_date: Options vest 100% on the date indicated.

SEC source: 0000107815-24-000033 · wk-form4_1704414910.xml · nonDerivative · entry 1

Liu Xia · CIK 0001644492 · EVP and CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 18,387

SEC source: 0001209191-23-051539 · doc4.xml · derivative · entry 2

Liu Xia · CIK 0001644492 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,415.02

Underlying: BMI Common Stock · 5.52 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: Includes phantom stock units acquired through routine dividend equivalent payments on previously granted phantom stock units, which acquisitions are exempt under Rule 16a-11.

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: 0001209191-23-051539 · doc4.xml · derivative · entry 1

Liu Xia · CIK 0001644492 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,409.5

Underlying: BMI Common Stock · 104.26 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 Q4 2023 quarterly retainer of $15,000. The phantom stock units were computed at $143.87, the 9/29/2023 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: 0001209191-23-041222 · doc4.xml · derivative · entry 1

Liu Xia · CIK 0001644492 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,305.24

Underlying: BMI Common Stock · 101.65 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 2023 Quarter 3 retainer paid to non-employee directors in the amount of $15,000. The phantom stock units were computed at $147.56, the 6/30/2023 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: 0000107815-23-000165 · wf-form4_168598428098827.xml · nonDerivative · entry 1

Liu Xia · CIK 0001644492 · EVP and CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 13,492

SEC source: 0001209191-23-026596 · doc4.xml · derivative · entry 2

Liu Xia · CIK 0001644492 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,203.59

Underlying: BMI Common Stock · 572 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 $75,000 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: 0001209191-23-026596 · doc4.xml · derivative · entry 1

Liu Xia · CIK 0001644492 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 631.59

Underlying: BMI Common Stock · 73.88 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 $9,000. The phantom stock units were computed at $121.82, the 3/31/2023 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: 0001209191-23-022358 · doc4.xml · derivative · entry 1

Liu Xia · CIK 0001644492 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 557.71

Underlying: BMI Common Stock · 123.13 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 2023 Quarter 2 retainer paid to non-employee directors in the amount of $15,000. The phantom stock units were computed at $121.82, the 3/31/2023 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: 0000107815-23-000110 · wf-form4_167838926774193.xml · derivative · entry 1

Liu Xia · CIK 0001644492 · EVP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,921.323

Underlying: Common Stock · 1,098.917 shares

Expires not disclosed

F1 · derivative.exercise_price: One-for-one.

F2 · derivative.exercise_date: These phantom stock units were accrued under the WEC Energy Group, Inc. Nonqualified Retirement Savings Plan (NQRSP). Phantom stock units accrued under the NQRSP are settled following the reporting person's retirement or other termination of employment.

F2 · derivative.expiration_date: These phantom stock units were accrued under the WEC Energy Group, Inc. Nonqualified Retirement Savings Plan (NQRSP). Phantom stock units accrued under the NQRSP are settled following the reporting person's retirement or other termination of employment.

F3 · balance_after: Includes phantom stock units accrued pursuant to a dividend reinvestment feature of the NQRSP in transactions exempt from Section 16 pursuant to Rule 16a-11.

SEC source: 0000107815-23-000072 · wf-form4_167304371323315.xml · nonDerivative · entry 1

Liu Xia · CIK 0001644492 · EVP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,578

SEC source: 0001209191-23-000397 · doc4.xml · derivative · entry 1

Liu Xia · CIK 0001644492 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 434.58

Underlying: BMI Common Stock · 137.58 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 2023 Quarter 1 retainer paid to non-employee directors in the amount of $15,000. The phantom stock units were computed at $109.03, the 12/30/2022 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: 0000107815-23-000033 · wf-form4_167297258663284.xml · derivative · entry 3

Liu Xia · CIK 0001644492 · EVP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,855

Underlying: Common Stock · 19,855 shares

Expires 2033-01-03

F1 · derivative.exercise_date: Options vest 100% on the date indicated.

SEC source: 0000107815-23-000033 · wf-form4_167297258663284.xml · nonDerivative · entry 2

Liu Xia · CIK 0001644492 · EVP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,900

SEC source: 0000107815-23-000033 · wf-form4_167297258663284.xml · nonDerivative · entry 1

Liu Xia · CIK 0001644492 · EVP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,246

SEC source: 0001209191-22-051831 · doc4.xml · derivative · entry 2

Liu Xia · CIK 0001644492 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 297

Underlying: BMI Common Stock · 297 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 2022 Fourth Quarter retainer of $16,500; as well as the pro-rata retainer from her appointment on August 1, 2022 through September 30, 2022 ($10,940). The phantom stock units were computed at $92.39, the 9/30/2022 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: 0000107815-22-000221 · wf-form4_165428234213017.xml · nonDerivative · entry 1

Liu Xia · CIK 0001644492 · EVP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,274

SEC source: 0000107815-22-000128 · wf-form4_164686427760718.xml · derivative · entry 1

Liu Xia · CIK 0001644492 · EVP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 797.884

Underlying: Common Stock · 706.673 shares

Expires not disclosed

F1 · derivative.exercise_price: One-for-one.

F2 · derivative.exercise_date: These phantom stock units were accrued under the WEC Energy Group, Inc. Nonqualified Retirement Savings Plan (NQRSP). Phantom stock units accrued under the NQRSP are settled following the reporting person's retirement or other termination of employment.

F2 · derivative.expiration_date: These phantom stock units were accrued under the WEC Energy Group, Inc. Nonqualified Retirement Savings Plan (NQRSP). Phantom stock units accrued under the NQRSP are settled following the reporting person's retirement or other termination of employment.

F3 · balance_after: Includes phantom stock units accrued pursuant to a dividend reinvestment feature of the NQRSP in transactions exempt from Section 16 pursuant to Rule 16a-11.