MWA - Strategic Sale: MARK OBRIEN Decides To Exercise Options Worth $50K At Mueller Water Products | Benzinga
A significant insider transaction involving the exercise of company stock options was reported on January 16, by MARK OBRIEN, Board Member at Mueller Water Products (NYSE:MWA), as per the latest SEC filing.
What Happened: The latest Form 4 filing on Tuesday with the U.S. Securities and Exchange Commission uncovered OBRIEN, Board Member at Mueller Water Products, exercising stock options for 9,656 shares of MWA. The total transaction was valued at $50,018.
The Tuesday morning update indicates Mueller Water Products shares down by 0.72%, currently priced at $13.76. At this value, OBRIEN's 9,656 shares are worth $50,018.
All You Need to Know 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.
Mueller Water Products: Financial Performance Dissected
Decline in Revenue: Over the 3 months period, Mueller Water Products faced challenges, resulting in a decline of approximately ...