MWA - Steven Heinrichs Backs Up Beliefs With A Notable $145K Acquisition In Mueller Water Products Stock Options | Benzinga
In a new SEC filing on February 21, it was unveiled that Heinrichs, EVP at Mueller Water Products (NYSE:MWA), acquired stock options for 38,109 shares.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Heinrichs, EVP at Mueller Water Products, a company in the Industrials sector, acquired stock options for 38,109 shares of MWA. The options allow Heinrichs to buy the company's stock at $11.86 per share.
Mueller Water Products shares are trading, exhibiting down of 0.0% and priced at $15.68 during Thursday's morning. This values Heinrichs's 38,109 shares at $145,576.
Unveiling the Story Behind 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.
Understanding the Numbers: Mueller Water Products's Finances
Revenue Growth: Mueller Water Products's revenue growth over a period ...