Snapshot date: 2026-10-18 · Built: 2026-10-19T15:42:11+00:00 · Publication status: REVIEW

COMPANY RESEARCH

BADGER METER INC

BMI · United States · Technology

INSIDER SIGNAL

Insider activity score：77.5 / 100

5 insiders · 6 purchase events · $879k net purchases

US #73 · United States #73

WHY THIS SIGNAL?

Score anatomy

Each bar shows the contribution to the current score; the weights and formula stay unchanged.

Cluster+35.0 / 35

How many distinct insiders bought in the cluster

Purchase size+16.9 / 25

Purchase value relative to company size and liquidity

Role+7.0 / 20

The seniority and relevance of participating insiders

Recency+2.6 / 10

How recently the purchases occurred

Conviction+10.0 / 10

How clearly buying stands out from other activity

What is holding the score back?

⚠ Insider role contributes less on the current role scale
⚠ Purchase activity is becoming less recent
✓ Broad buyer cluster · 4+ distinct filers

The role contribution follows the US model's seniority ladder.

BUYING PROFILE

6 events · 5 insiders · 180d

Cluster 83%Repeat 17%Independent 0%Large 0%

Percentages are mutually exclusive and sum to 100%.

Buying concentration

29%

Largest buyer：Bockhorst Kenneth · 259k USD
Gross qualified purchase transaction-line value：879k USD

The headline $ total is net buying for the screen; this module uses gross qualified purchase transaction-line values in the filing currency, so the amounts can differ. The current 15-day buyer-breadth input counts distinct buyers; value concentration is disclosed separately here.

This is a ranking under the current US screening rules—not a probability of gain, return forecast, or buy recommendation.

Key purchase quotes (filing currency)

Filer	Price per unit	Trade date
Callahan Edward F.	135.25 USD	Jul 30, 2026
Wrocklage Robert	122.35 USD	Apr 23, 2026
Bockhorst Kenneth	117.53 USD	Apr 21, 2026

Model details

Cluster breakdown (does not change the score)

15-day buyer breadth (count): 5 distinct reported filers
Peak time window: 2026-04-21 to 2026-04-23
Current breadth input: 1.000 (capped at 4+ buyers)
Buyer independence: Not yet measured; related-party fields are not cross-market comparable

What the filings show

🟢 Recent eligible purchase
Callahan Edward F. · 102k USD · Price 135.25 USD · Jul 30, 2026
🟢 Eligible purchase
Wrocklage Robert · 122k USD · Price 122.35 USD · Apr 23, 2026
🟢 Large eligible purchase
Bockhorst Kenneth · 259k USD · Price 117.53 USD · Apr 21, 2026
🟡 3 remaining qualified transaction line(s) across 3 disclosure(s)
🔴 7 other transaction line(s) are not counted as discretionary-buying evidence; 0 have zero price

Insider vs stock price

3 purchase day(s), 6 purchase line(s) in the 180-day window.

Daily close (USD)Day with an insider purchaseTwo or more insiders the same day

Markers sit on the closing price of the transaction day. They show when insiders traded, not the price they paid or received. "Since" compares that day's close with the last close shown; it is what happened at this company, not a forecast.

If you had followed the purchase

Each row starts on the first close on or after the day a purchase was made public, the earliest a reader could have acted, and ends on the last close shown above.

Amount put in (USD)

Made public	Insiders	In this stock, now	In the median peer stock, now	Difference
2026-04-21	1	1,087 +8.7%	889 −11.1%	+198 +19.8 pts
2026-04-22	3	1,063 +6.3%	889 −11.1%	+174 +17.4 pts
2026-04-23	1	1,068 +6.8%	895 −10.5%	+174 +17.4 pts
2026-07-31	1	978 −2.2%	937 −6.3%	+41 +4.1 pts

4 of 4 disclosure day(s) ended ahead of the median peer stock.

Close to close, before costs, taxes, dividends and currency moves. The peer is the median of the other stocks on the same exchange for which this site holds prices (1078 here), not an index. This is what happened, not a forecast: across all purchases on this site the typical gap is close to zero.

Insider timeline

5 insiders bought within 3 days, 21 Apr to 23 Apr: 3 Role not classified, 1 CEO / chair, 1 Executive. 1 of them bought again later. The share closed at 120.89 on the first of those days and at 131.38 most recently (+8.7%). That week 74 companies across United States disclosed insider purchases, an ordinary week (23 of the last 26).

Tap an item for what it means.

●A purchase: the bigger the dot, the more was bought

Each dot is one insider's purchases on one day. The dot's area follows the amount: the largest purchase here gets the largest dot. Hold the pointer over a dot to see the date and the amount.

▮Purple band: several insiders bought within 15 days

The band marks the stretch with the most different buyers: at most 15 days long and at least two people. Here it is 21 Apr – 23 Apr, with 5 insiders. Only the strongest stretch is marked. Several people deciding the same thing is harder to explain by one person's private reasons, but insiders often buy together just after a closed period ends, so compare it with the grey weekly bars.

Blue line: this share's price, +8.7% over these six months

The closing price of each day, from 120.89 on 2026-04-21 to 131.38 on 2026-10-09. The line has no scale; read it for high and low: a dot on a low stretch was bought cheaply, a dot on a high stretch was not.

Dashed line: the typical stock on the same exchange, −11.1%

Taken from the 1230 other stocks on the same exchange that this site holds prices for. Each is measured from the first day of the window, and every day the middle one is drawn. It starts where the blue line starts, so the gap between the two is the difference: this share +8.7%, the typical one −11.1%, 19.8 points ahead. It is not an index and not a comparison within one industry.

▂Grey bars: companies across United States disclosing purchases each week

A taller bar is a week in which more companies disclosed insider purchases. The purple bar is the week of the band above: 74 companies, number 23 of the last 26 weeks. If that week was a peak anyway, buying together is less special than it looks.

This company: insiders buying per month, last 12 months

Nov

Dec

Jan

3Feb

Mar

5Apr

May

Jun

1Jul

Aug

Sep

Oct

Darker bars are inside the 180-day window above.

Who traded

Insider	Role	Purchases	Sales	Bought	First purchase	Share price since
Bockhorst Kenneth	CEO / chair	1	—	258.6k USD	2026-04-21	+8.7%
Wrocklage Robert	Executive	1	—	122.3k USD	2026-04-23	+6.8%
Callahan Edward F.	Role not classified	2	—	201.4k USD	2026-04-21	+8.7%
Htwe Richard	Role not classified	1	—	197.4k USD	2026-04-21	+8.7%
Tarantino Christina M.	Role not classified	1	—	99.0k USD	2026-04-21	+8.7%

Why this score? · Model details

Priority = 100 × Σ(fixed weight × 0–1 rule-based input)

Factor	Weight	This company input	Point contribution
15-day buyer breadth (count)	35%	1.000	35.0
Qualified-buy size	25%	0.674	16.9
Role informativeness (inverted)	20%	0.650	13.0
Recency	10%	0.264	2.6
Buy/sell conviction	10%	1.000	10.0

This is a heuristic ordering under the current rules, not a calibrated return forecast. It explains why candidates rank differently; the public-filing evidence and data limits are shown below.

BULL VS BEAR

Two readings of this buying

The same filings, read two ways. Each line is a fact stored for this company with the number behind it, and appears only when that number crosses a fixed threshold. Neither side is a forecast and no winner is declared.

Where the evidence comes from

The two kinds of evidence disagree: the purchases themselves carry bull lines (several insiders together, purchase added much to the holding), while short sellers argue against (high short interest). No data is held for: company results, company actions.

The insider purchases themselvesBullseveral insiders together, purchase added much to the holding7 checked, under the threshold · 1 missing
Share price and trading2 checked, under the threshold
Short sellersBearhigh short interest1 checked, under the threshold
Company results2 missing
Company actionsno data held

Bull case · the buying is informative

5 insiders bought within 15 days (2026-04-21 to 2026-04-23). Several people reaching the same decision at the same time is hard to put down to one person's circumstances.
6 of 6 purchase filings state the shares held before and after. The largest addition to an existing holding took it from 328 to 1,186 shares (+262%). A holding here is one way of owning the shares: directly, or through one named trust or entity.

Bear case · discount it

Short sellersFINRA short interest on 2026-09-30 was 4,577,363 shares, 10.5 days of average trading volume and 16% of the 28,986,847 shares outstanding, up 20% from the previous report: other investors hold a sizeable position the opposite way.

Evidence still missing

No buyer here has 5 or more completed earlier purchases on record, so there is no track record to weigh.
The company's market value is not captured, so the purchases cannot be stated as a share of the business or of its trading volume.
No earnings, margin or cash-flow figures are captured for this company. The latest annual and interim reports are where to check whether the business is improving or deteriorating.

Checked and under the threshold: 10, 3 close to it

EitherNet purchases of $879k in 180 days. Bull from $1.0M, bear when all purchases total under $25k. close to the threshold
EitherThe latest purchase is 80 days old. Bull up to 14 days, bear from 90. close to the threshold
BearThe share price changed −15% over six months (three months −6.2%, one month +5.1%) and stands 36% below its 52-week high. Counted for the bear side from a fall of 20%. close to the threshold
Either5 insiders bought in the last 180 days and 3 in the 180 days before. Bull when the number at least doubles and rises by two; bear when at least two bought before and no more buy now.
BearThe largest buyer accounts for 29% of the value bought. Counted for the bear side from 80%.
BearNo insider sale is recorded in the same 180 days.
BearOver three months the share price changed −6.2% and the median of 86 Technology companies changed −13%: ahead by 7 points. Counted for the bear side from 20 points behind.
BearNone of the 6 purchase filings ticks Form 4's 10b5-1 box.
BearOver the last 5 trading days to 2026-10-16, 74% of this stock's off-exchange volume was sold short; over the 60 days before, 76%. The market's median is 50%. This is trading volume, not a position: a market maker who sells short and covers the same day is counted, so about half of all volume is short on an ordinary day. It is shown for comparison and counts for neither side.
BearNo insider filing in the last 180 days opened a hedge on this stock.

Both columns arrange stored facts only. They do not change the insider score or the ranking and are not investment advice.

Signal history

77.5 / 100

Latest recorded score

↓ -10.2 ptssince the first recorded snapshot on 2026-09-25; 23 calendar days observed

Recorded snapshots: 18
First snapshot: 2026-09-25

There is not yet a 30-calendar-day comparison; earlier scores are not reconstructed. These are raw signal scores saved when each full scoring run completed. They describe changes in research ranking, not price performance or returns.

Why did it change?

Less than 30 days of comparable history is available, so factor movement is not yet decomposed.

Signal score history

Fixed 0–100 scale; dates are spaced by calendar time.

Recent recorded points

Sep 25, 202687.7
Oct 2, 202687.1
Oct 6, 202686.8
Oct 13, 202677.8
Oct 18, 202677.5

View all recorded scores

Snapshot date	Signal score
2026-09-25	87.7
2026-09-29	87.3
2026-09-30	87.2
2026-10-01	87.2
2026-10-02	87.1
2026-10-03	87.1
2026-10-04	87.0
2026-10-05	86.9
2026-10-06	86.8
2026-10-07	87.1
2026-10-08	79.2
2026-10-09	77.9
2026-10-12	77.8
2026-10-13	77.8
2026-10-14	77.8
2026-10-15	77.7
2026-10-16	77.6
2026-10-18	77.5

Sector context

Technology

Buying breadth: 3.4% (26 / 765 issuers)
Sector rank: #11 / 13

This is sector-level research context. It does not affect the Insider Signal or ranking.

View US sector research →

Insider profile outcomes

Historical performance following insider filings. The company role is translated below each name while preserving the original title.

Excess return = stock return − S&P 500 ETF (SPY adjusted close) return over the same period.
Hit rate = completed events with positive excess return ÷ total completed events.
Price coverage = valid point-in-time prices ÷ events mature enough for that period.
Returns start on the first shared trading session on or after publication.
Small-sample rule: n<5 is shown for transparency and is not scored.

Events are disclosure-level observations; related disclosures published on the same date may share a return path and may not be statistically independent. This research enrichment does not affect the insider score or ranking.

Bockhorst KennethChairman, President & CEO2 completed 20D event(s)

Period	Completed events	Price coverage	Hit rate	Median excess return	Average excess return	Worst excess return
5D	2Small sample	100.0% (2/2)	50.0% (1/2)	+0.6%	+0.6%	-3.1%
20D	2Small sample	100.0% (2/2)	0.0% (0/2)	-4.9%	-4.9%	-5.6%
60D	2Small sample	100.0% (2/2)	50.0% (1/2)	-6.5%	-6.5%	-31.2%
120D	2Small sample	100.0% (2/2)	0.0% (0/2)	-11.6%	-11.6%	-22.5%

First purchase in 12M

1/2

Large purchase ≥ $100k

2/2

Cluster buying · 15D

1/2

Buying the dip · ≥20% below prior 52W high

2/2

Routine / opportunistic

Not classifiable

Callahan Edward F.VP-Engineering2 completed 20D event(s)

Period	Completed events	Price coverage	Hit rate	Median excess return	Average excess return	Worst excess return
5D	2Small sample	100.0% (2/2)	0.0% (0/2)	-2.4%	-2.4%	-4.7%
20D	2Small sample	100.0% (2/2)	0.0% (0/2)	-5.2%	-5.2%	-8.7%
60D	1Small sample	100.0% (1/1)	100.0% (1/1)	+15.8%	+15.8%	+15.8%
120D	1Small sample	100.0% (1/1)	0.0% (0/1)	-3.0%	-3.0%	-3.0%

First purchase in 12M

1/2

Large purchase ≥ $100k

1/2

Cluster buying · 15D

1/2

Buying the dip · ≥20% below prior 52W high

2/2

Routine / opportunistic

Not classifiable

Htwe RichardVP-Global Operations2 completed 20D event(s)

Period	Completed events	Price coverage	Hit rate	Median excess return	Average excess return	Worst excess return
5D	2Small sample	100.0% (2/2)	50.0% (1/2)	+1.3%	+1.3%	-4.7%
20D	2Small sample	100.0% (2/2)	50.0% (1/2)	-4.1%	-4.1%	-8.7%
60D	2Small sample	100.0% (2/2)	50.0% (1/2)	-3.9%	-3.9%	-23.6%
120D	2Small sample	100.0% (2/2)	0.0% (0/2)	-10.7%	-10.7%	-18.3%

First purchase in 12M

1/2

Large purchase ≥ $100k

2/2

Cluster buying · 15D

1/2

Buying the dip · ≥20% below prior 52W high

2/2

Routine / opportunistic

Not classifiable

Signal outcomes

Calculated from immutable US ranking snapshots; excess return is stock return minus SPY return. Newly saved snapshots remain pending until each forward horizon matures. This never affects the US score.

Horizon	Status	Result
5D	9 completed	+1.7% median
20D	Awaiting maturity	—
60D	Awaiting maturity	—
120D	Awaiting maturity	—

Market context

PRICE PERFORMANCE

+5.1%

-6.2%

-15.4%

12M

-26.7%

VOLATILITY & LIQUIDITY

Volatility: 40.7%
Beta: —
Avg daily volume: $55.5M

VALUATION

Market cap: —
P/E: —

FUNDAMENTALS

Profit margin: —
ROE: —
Industry: —

Prices to 11 Oct 2026: OpenBB/yfinance; volume from price cache (yfinance). It does not affect the insider score or rank.

Insiders' buying price vs the latest close

The latest close in the price history is more than a week old.

Buying size vs market trading

Complete price and volume history is not yet available.

Market-data coverage: 0 verified sessions · Latest session: — · Ratio status: Unavailable

Traded value is estimated as close × shares traded, in major currency units. Includes disclosed qualifying purchases; disclosures may lag. Contractual or planned acquisitions are not necessarily discretionary. Ratios describe relative trading size, not market participation or score contributions.

Latest news

News capture status: OK. Articles were retained for audit but none met the reader threshold.

Regulatory filings

Insider filing announcement · published 2026-07-31 · trade date 2026-07-30
Insider filing announcement · published 2026-04-29 · trade date 2026-04-27
Insider filing announcement · published 2026-04-29 · trade date 2026-04-27

Unfold all 49 filings

Insider filing announcement · published 2026-07-31 · trade date 2026-07-30
Insider filing announcement · published 2026-04-29 · trade date 2026-04-27
Insider filing announcement · published 2026-04-29 · trade date 2026-04-27
Insider filing announcement · published 2026-04-29 · trade date 2026-04-27
Insider filing announcement · published 2026-04-29 · trade date 2026-04-27
Insider filing announcement · published 2026-04-29 · trade date 2026-04-27
Insider filing announcement · published 2026-04-29 · trade date 2026-04-27
Insider filing announcement · published 2026-04-23 · trade date 2026-04-23
Insider filing announcement · published 2026-04-23 · trade date 2026-04-21
Insider filing announcement · published 2026-04-22 · trade date 2026-04-21
Insider filing announcement · published 2026-04-22 · trade date 2026-04-21
Insider filing announcement · published 2026-04-22 · trade date 2026-04-21
Insider filing announcement · published 2026-04-21 · trade date 2026-04-21
Insider filing announcement · published 2026-03-10 · trade date 2026-03-06
Insider filing announcement · published 2026-03-10 · trade date 2026-03-06
Insider filing announcement · published 2026-03-10 · trade date 2026-03-06
Insider filing announcement · published 2026-03-10 · trade date 2026-03-06
Insider filing announcement · published 2026-03-10 · trade date 2026-03-06
Insider filing announcement · published 2026-03-10 · trade date 2026-03-06
Insider filing announcement · published 2026-03-10 · trade date 2026-03-06
Insider filing announcement · published 2026-03-10 · trade date 2026-03-06
Insider filing announcement · published 2026-03-10 · trade date 2026-03-06
Insider filing announcement · published 2026-03-10 · trade date 2026-03-06
Insider filing announcement · published 2026-03-10 · trade date 2026-03-06
Insider filing announcement · published 2026-03-04 · trade date 2026-03-04
Insider filing announcement · published 2026-03-04 · trade date 2026-03-03
Insider filing announcement · published 2026-03-04 · trade date 2026-03-03
Insider filing announcement · published 2026-03-03 · trade date 2026-03-03
Insider filing announcement · published 2026-03-03 · trade date 2026-03-03
Insider filing announcement · published 2026-03-03 · trade date 2026-03-03
Insider filing announcement · published 2026-03-03 · trade date 2026-03-03
Insider filing announcement · published 2026-03-03 · trade date 2026-03-03
Insider filing announcement · published 2026-03-03 · trade date 2026-03-03
Insider filing announcement · published 2026-03-03 · trade date 2026-03-03
Insider filing announcement · published 2026-03-03 · trade date 2026-02-27
Insider filing announcement · published 2026-02-17 · trade date 2026-02-12
Insider filing announcement · published 2026-02-17 · trade date 2026-02-12
Insider filing announcement · published 2026-02-17 · trade date 2026-02-12
Insider filing announcement · published 2026-02-17 · trade date 2026-02-12
Insider filing announcement · published 2026-02-17 · trade date 2026-02-12
Insider filing announcement · published 2026-02-17 · trade date 2026-02-12
Insider filing announcement · published 2026-02-17 · trade date 2026-02-12
Insider filing announcement · published 2026-02-17 · trade date 2026-02-12
Insider filing announcement · published 2026-02-17 · trade date 2026-02-12
Insider filing announcement · published 2026-02-13 · trade date 2026-02-12
Insider filing announcement · published 2026-02-11 · trade date 2026-02-10
Insider filing announcement · published 2026-02-10 · trade date 2026-02-09
Insider filing announcement · published 2026-02-09 · trade date 2026-02-05
Insider filing announcement · published 2026-02-06 · trade date 2026-02-05

Results and insider purchases

Results (8-K)	Bought within 5 sessions	Bought within 20 sessions
2026-07-2208:32 ET · before the open	None	1 · $101.6KCallahan Edward F.
2026-04-1708:31 ET · before the open	5 · $777.1KBockhorst Kenneth; Htwe Richard; Wrocklage Robert	5 · $777.1KBockhorst Kenneth; Htwe Richard; Wrocklage Robert
2026-01-2808:31 ET · before the open	None	3 · $1.3MBockhorst Kenneth; Htwe Richard; Wrocklage Robert
2025-10-2108:31 ET · before the open	None	None

Results dates are the company's 8-K filings to the SEC under Item 2.02 (results of operations); one filed after the close counts from the next session. Purchases are open-market buys reported on Form 4 (code P), by trade date; a Form 4 can arrive two business days after the trade, so the latest days can still fill in. Facts only; this does not change the score or rank.

Ownership and trading-plan context

Direct / indirect ownership	Direct
10b5-1 filing evidence	Not declared in filing field
Evidence retrieved	2026-10-03T19:17:19+00:00

These are accession-level filing fields. Unavailable means the evidence was not fetched or parsed; it is never inferred as “No” and does not adjust the US score.

Filing evidence

These are underlying national-feed records from the 365-day window ending on the saved ranking snapshot. The score uses only the latest 180 days; older qualifying equity purchases remain visible for audit but do not enter the current score. The original filer, role, transaction classification, instrument, price, volume, value and source fields are retained. The first three rows are shown; remaining records can be unfolded for audit. Other transaction types are retained but excluded from the score.

Excluded transactions & classification

9 qualifying purchase disclosure(s) · 9 transaction line(s)

Feb 10, 2026Open market purchase

Bockhorst Kenneth · Chairman, President & CEO

Common Stock · 3300.0 shares × 152.42 USD · 502985.99999999994 USD

Open filing

Feb 9, 2026Open market purchase

Wrocklage Robert · EVP-N.A. Muncipal Utility

Common Stock · 1650.0 shares × 152.35 USD · 251377.5 USD

Open filing

Feb 5, 2026Open market purchase

Htwe Richard · VP-Global Operations

Common Stock · 3370.0 shares × 148.71 USD · 501152.7 USD

Open filing

Unfold all 6 remaining filing row(s)

Transaction date	Published	Filer	Role	Transaction	Instrument	Price (local currency)	Quote currency	Volume	Reported value (local currency)	Source
2026-04-23	2026-04-23	Wrocklage Robert	EVP-N.A. Muncipal Utility	Open market purchase	Common Stock	122.35 USD	USD	1000.0	122350.0 USD	Open filing
2026-04-21	2026-04-22	Htwe Richard	VP-Global Operations	Open market purchase	Common Stock	116.13 USD	USD	1700.0	197421.0 USD	Open filing
2026-04-21	2026-04-22	Tarantino Christina M.	VP-Controller	Open market purchase	Common stock	113.8 USD	USD	870.0	99006.0 USD	Open filing
2026-04-21	2026-04-22	Callahan Edward F.	VP-Engineering	Open market purchase	Common Stock	116.3 USD	USD	858.0	99785.4 USD	Open filing
2026-04-21	2026-04-21	Bockhorst Kenneth	Chairman, President & CEO	Open market purchase	Common Stock	117.53 USD	USD	2200.0	258566.0 USD	Open filing
2026-07-30	2026-07-31	Callahan Edward F.	VP-Engineering	Open market purchase	Common Stock	135.25 USD	USD	751.0	101572.75 USD	Open filing

Showing 9 of 9 matching raw-feed row(s) from the current 365-day research window. Prices and reported values remain in the filing currency and its major unit (for example, UK pence are parsed as GBP). The screen-level $ aggregate is separately FX-normalised for research ranking, not a trade-date conversion.

Other disclosed transactions · excluded from score

View 62 other transaction(s)

Mar 6, 2026Grant or award

Htwe Richard · VP-Global Operations

Common Stock · 369.0 shares × — · 0.0 USD

Open filing

Mar 6, 2026Shares withheld for tax or exercise price

Htwe Richard · VP-Global Operations

Common Stock · 41.0 shares × 148.85 USD · 6102.849999999999 USD

Open filing

Mar 6, 2026Grant or award

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

Common Stock · 451.0 shares × — · 0.0 USD

Open filing

Unfold all 59 remaining filing row(s)

Transaction date	Published	Filer	Role	Transaction	Instrument	Price (local currency)	Quote currency	Volume	Reported value (local currency)	Source
2026-03-06	2026-03-10	Hopkins Sheryl	VP - Human Resources	Grant or award	Common Stock	—	USD	369.0	0.0 USD	Open filing
2026-03-06	2026-03-10	Hopkins Sheryl	VP - Human Resources	Shares withheld for tax or exercise price	Common Stock	148.85 USD	USD	46.0	6847.099999999999 USD	Open filing
2026-03-06	2026-03-10	Callahan Edward F.	VP-Engineering	Grant or award	Common Stock	—	USD	328.0	0.0 USD	Open filing
2026-03-06	2026-03-10	Tarantino Christina M.	VP-Controller	Grant or award	Common stock	—	USD	246.0	0.0 USD	Open filing
2026-03-06	2026-03-10	BERGUM WILLIAM R A	VP-Gen. Counsel and Secretary	Shares withheld for tax or exercise price	Common Stock	148.85 USD	USD	46.0	6847.099999999999 USD	Open filing
2026-03-06	2026-03-10	BERGUM WILLIAM R A	VP-Gen. Counsel and Secretary	Grant or award	Common Stock	—	USD	369.0	0.0 USD	Open filing
2026-03-06	2026-03-10	Stoll Kimberly K	VP-Cust Serv & GM SmartCover	Grant or award	Common Stock	—	USD	410.0	0.0 USD	Open filing
2026-03-06	2026-03-10	Stoll Kimberly K	VP-Cust Serv & GM SmartCover	Open market sale	Common Stock	144.5 USD	USD	143.0	20663.5 USD	Open filing
2026-03-06	2026-03-10	Weltzien Daniel R	VP-CFO & Treasurer	Grant or award	Common Stock	—	USD	738.0	0.0 USD	Open filing
2026-03-06	2026-03-10	Weltzien Daniel R	VP-CFO & Treasurer	Shares withheld for tax or exercise price	Common Stock	148.85 USD	USD	41.0	6102.849999999999 USD	Open filing
2026-03-06	2026-03-10	Wrocklage Robert	EVP-N.A. Muncipal Utility	Grant or award	Common Stock	—	USD	1312.0	0.0 USD	Open filing
2026-03-06	2026-03-10	Wrocklage Robert	EVP-N.A. Muncipal Utility	Shares withheld for tax or exercise price	Common Stock	148.85 USD	USD	210.0	31258.5 USD	Open filing
2026-03-06	2026-03-10	Bockhorst Kenneth	Chairman, President & CEO	Shares withheld for tax or exercise price	Common Stock	148.85 USD	USD	450.0	66982.5 USD	Open filing
2026-03-06	2026-03-10	Begale Fred J	VP-Utility NPD	Shares withheld for tax or exercise price	Common Stock	148.85 USD	USD	36.0	5358.599999999999 USD	Open filing
2026-03-04	2026-03-04	Begale Fred J	VP-Utility NPD	Open market sale	Common Stock	150.0 USD	USD	2064.0	309600.0 USD	Open filing
2026-03-04	2026-03-04	Begale Fred J	VP-Utility NPD	Exercise of derivative security	Common Stock	33.98 USD	USD	2064.0	70134.71999999999 USD	Open filing
2026-03-03	2026-03-04	Stoll Kimberly K	VP-Cust Serv & GM SmartCover	Open market sale	Common Stock	149.01 USD	USD	1634.0	243482.34 USD	Open filing
2026-03-03	2026-03-04	BERGUM WILLIAM R A	VP-Gen. Counsel and Secretary	Shares withheld for tax or exercise price	Common Stock	148.76 USD	USD	982.0	146082.31999999998 USD	Open filing
2026-03-03	2026-03-04	BERGUM WILLIAM R A	VP-Gen. Counsel and Secretary	Exercise of derivative security	Common Stock	33.98 USD	USD	2064.0	70134.71999999999 USD	Open filing
2026-03-03	2026-03-03	Weltzien Daniel R	VP-CFO & Treasurer	Shares withheld for tax or exercise price	Common Stock	148.76 USD	USD	449.0	66793.23999999999 USD	Open filing
2026-03-03	2026-03-03	Begale Fred J	VP-Utility NPD	Shares withheld for tax or exercise price	Common Stock	148.76 USD	USD	449.0	66793.23999999999 USD	Open filing
2026-03-03	2026-03-03	Bockhorst Kenneth	Chairman, President & CEO	Shares withheld for tax or exercise price	Common Stock	148.76 USD	USD	10685.0	1589500.5999999999 USD	Open filing
2026-03-03	2026-03-03	Htwe Richard	VP-Global Operations	Shares withheld for tax or exercise price	Common Stock	148.76 USD	USD	449.0	66793.23999999999 USD	Open filing
2026-03-03	2026-03-03	Wrocklage Robert	EVP-N.A. Muncipal Utility	Shares withheld for tax or exercise price	Common Stock	148.76 USD	USD	1728.0	257057.27999999997 USD	Open filing
2026-03-03	2026-03-03	BERGUM WILLIAM R A	VP-Gen. Counsel and Secretary	Shares withheld for tax or exercise price	Common Stock	148.76 USD	USD	420.0	62479.2 USD	Open filing
2026-03-03	2026-03-03	Hopkins Sheryl	VP - Human Resources	Shares withheld for tax or exercise price	Common Stock	148.76 USD	USD	449.0	66793.23999999999 USD	Open filing
2026-02-27	2026-03-03	Weltzien Daniel R	VP-CFO & Treasurer	Shares withheld for tax or exercise price	Common Stock	152.43 USD	USD	47.0	7164.21 USD	Open filing
2026-02-27	2026-03-03	Begale Fred J	VP-Utility NPD	Shares withheld for tax or exercise price	Common Stock	152.43 USD	USD	41.0	6249.63 USD	Open filing
2026-02-27	2026-03-03	Bockhorst Kenneth	Chairman, President & CEO	Shares withheld for tax or exercise price	Common Stock	152.43 USD	USD	548.0	83531.64 USD	Open filing
2026-02-27	2026-03-03	Htwe Richard	VP-Global Operations	Shares withheld for tax or exercise price	Common Stock	152.43 USD	USD	54.0	8231.220000000001 USD	Open filing
2026-02-27	2026-03-03	Stoll Kimberly K	VP-Cust Serv & GM SmartCover	Open market sale	Common Stock	150.38 USD	USD	148.0	22256.239999999998 USD	Open filing
2026-02-27	2026-03-03	Wrocklage Robert	EVP-N.A. Muncipal Utility	Shares withheld for tax or exercise price	Common Stock	152.43 USD	USD	172.0	26217.960000000003 USD	Open filing
2026-02-27	2026-03-03	BERGUM WILLIAM R A	VP-Gen. Counsel and Secretary	Shares withheld for tax or exercise price	Common Stock	152.43 USD	USD	47.0	7164.21 USD	Open filing
2026-02-27	2026-03-03	Hopkins Sheryl	VP - Human Resources	Shares withheld for tax or exercise price	Common Stock	152.43 USD	USD	54.0	8231.220000000001 USD	Open filing
2026-02-12	2026-02-17	Stoll Kimberly K	VP-Cust Serv & GM SmartCover	Grant or award	Common Stock	—	USD	1391.0	0.0 USD	Open filing
2026-02-12	2026-02-17	Stoll Kimberly K	VP-Cust Serv & GM SmartCover	Grant or award	Common Stock	174.41 USD	USD	159.27	27778.280700000003 USD	Open filing
2026-02-12	2026-02-17	Hopkins Sheryl	VP - Human Resources	Grant or award	Common Stock	—	USD	1193.0	0.0 USD	Open filing
2026-02-12	2026-02-17	Weltzien Daniel R	VP-CFO & Treasurer	Grant or award	Common Stock	174.41 USD	USD	1.34	233.70940000000002 USD	Open filing
2026-02-12	2026-02-17	Weltzien Daniel R	VP-CFO & Treasurer	Grant or award	Common Stock	—	USD	1193.0	0.0 USD	Open filing
2026-02-12	2026-02-17	BERGUM WILLIAM R A	VP-Gen. Counsel and Secretary	Grant or award	Common Stock	174.41 USD	USD	228.62	39873.6142 USD	Open filing
2026-02-12	2026-02-17	BERGUM WILLIAM R A	VP-Gen. Counsel and Secretary	Grant or award	Common Stock	—	USD	1113.0	0.0 USD	Open filing
2026-02-12	2026-02-17	Begale Fred J	VP-Utility NPD	Grant or award	Common Stock	174.41 USD	USD	193.09	33676.8269 USD	Open filing
2026-02-12	2026-02-17	Begale Fred J	VP-Utility NPD	Grant or award	Common Stock	—	USD	1193.0	0.0 USD	Open filing
2026-02-12	2026-02-17	Stuyvenberg Matthew L	EVP-SaaS Intl Utility & Comm'l	Grant or award	Common Stock	174.41 USD	USD	49.45	8624.5745 USD	Open filing
2026-02-12	2026-02-17	Stuyvenberg Matthew L	EVP-SaaS Intl Utility & Comm'l	Grant or award	Common Stock	—	USD	1589.0	0.0 USD	Open filing
2026-02-12	2026-02-17	Htwe Richard	VP-Global Operations	Grant or award	Common Stock	—	USD	1193.0	0.0 USD	Open filing
2026-02-12	2026-02-17	Bockhorst Kenneth	Chairman, President & CEO	Grant or award	Common Stock	—	USD	21146.0	0.0 USD	Open filing
2026-02-12	2026-02-17	Bockhorst Kenneth	Chairman, President & CEO	Grant or award	Common Stock	174.41 USD	USD	4.97	866.8177 USD	Open filing
2026-02-12	2026-02-17	Wrocklage Robert	EVP-N.A. Muncipal Utility	Grant or award	Common Stock	—	USD	3578.0	0.0 USD	Open filing
2026-02-12	2026-02-17	Wrocklage Robert	EVP-N.A. Muncipal Utility	Grant or award	Common Stock	174.41 USD	USD	2.79	486.6039 USD	Open filing
2026-02-12	2026-02-13	Hopkins Sheryl	VP - Human Resources	Discretionary transaction	Common Stock	158.41 USD	USD	668.0	105817.88 USD	Open filing
2026-02-05	2026-02-06	Htwe Richard	VP-Global Operations	Grant or award	Common Stock	148.71 USD	USD	3370.0	501152.7 USD	Open filing
2026-04-27	2026-04-29	Cook Melanie K.	Director	Grant or award	Common Stock	122.96 USD	USD	952.0	117057.92 USD	Open filing
2026-04-27	2026-04-29	McGill James W	Director	Grant or award	Common Stock	122.96 USD	USD	952.0	117057.92 USD	Open filing
2026-04-27	2026-04-29	Myers Tessa M.	Director	Grant or award	Common Stock	122.96 USD	USD	952.0	117057.92 USD	Open filing
2026-04-27	2026-04-29	TELLOCK GLEN E	Director	Grant or award	Common Stock	122.96 USD	USD	952.0	117057.92 USD	Open filing
2026-04-27	2026-04-29	Brooks Henry F	Director	Grant or award	Common Stock	122.96 USD	USD	952.0	117057.92 USD	Open filing
2026-04-27	2026-04-29	STERN JAMES F	Director	Grant or award	Common Stock	122.96 USD	USD	952.0	117057.92 USD	Open filing
2026-04-21	2026-04-23	BERGUM WILLIAM R A	VP-Gen. Counsel and Secretary	Discretionary transaction	Common Stock	123.78 USD	USD	1413.76	174995.2128 USD	Open filing

Showing 62 of 62 matching raw-feed row(s) from the current 365-day research window. Prices and reported values remain in the filing currency and its major unit (for example, UK pence are parsed as GBP). The screen-level $ aggregate is separately FX-normalised for research ranking, not a trade-date conversion.

Snapshot & identity

Snapshot date: 2026-10-18
Ticker: BMI
ISIN: —
Sector: Technology
Industry: —

Company logos by Parqet

How to read Form 4 transaction codes

Code	Interpretation	Screen treatment
P	Open-market / private purchase	Buy evidence when the security is qualifying equity
S	Sale	Sell evidence when the security is qualifying equity
A	Grant / award	Context only
F	Tax-related withholding	Context only
M	Option exercise	Context only
G	Gift	Context only
J / L	Other / non-directional	Context only

P/S rows for options, warrants, compensation units and debt remain visible for audit but are excluded from equity scores and quotes.

BADGER METER INC

WHY THIS SIGNAL?

Score anatomy

What is holding the score back?

BUYING PROFILE

Buying concentration

Key purchase quotes (filing currency)

Cluster breakdown (does not change the score)

What the filings show

Insider vs stock price

If you had followed the purchase

Insider timeline

This company: insiders buying per month, last 12 months

Who traded

Two readings of this buying

Where the evidence comes from

Bull case · the buying is informative

Bear case · discount it

Evidence still missing

Signal score history

Recent recorded points

Sector context

Insider profile outcomes

Signal outcomes

Market context

PRICE PERFORMANCE

VOLATILITY & LIQUIDITY

VALUATION

FUNDAMENTALS

Insiders' buying price vs the latest close

Buying size vs market trading

Latest news

Regulatory filings

Results and insider purchases

Ownership and trading-plan context

Filing evidence

Other disclosed transactions · excluded from score

Snapshot & identity

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How to read Form 4 transaction codes