MWA - Insider Move: THOMAS HANSEN Exercises Options Realizing $50K At Mueller Water Products | Benzinga
In a new SEC filing on January 16, it was revealed that HANSEN, Director at Mueller Water Products (NYSE:MWA), executed a significant exercise of company stock options.
What Happened: HANSEN, Director at Mueller Water Products, exercised stock options for 9,656 shares of MWA stock. This information was disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday. The exercise price of the options was $8.58 per share.
The Tuesday morning update indicates Mueller Water Products shares down by 0.0%, currently priced at $13.86. At this value, HANSEN's 9,656 shares are worth $50,983.
About Mueller Water Products
Mueller Water Products, Inc. is a U.S.-based company that manufactures and sells products and services used in the transmission, distribution, and measurement of water. The company operates in two segments Water Flow Solutions and Water Management Solutions. Water Flow Solutions' portfolio includes iron gate valves, specialty valves and service brass products. Water Management Solutions' portfolio includes fire hydrants, repair and installation, natural gas, metering, leak detection, and pressure management and control products and solutions. The company derives a majority of its revenue from the United states.
Breaking Down Mueller Water Products's Financial Performance
Decline in Revenue: Over the 3 months period, Mueller Water Products faced challenges, resulting in a decline of approximately ...