EDMUNDS MARIETTA ZAKAS, President and CEO at Mueller Water Products (NYSE:MWA), reported acquisition of company stock options on February 21, according to a new SEC filing.
What Happened: ZAKAS, President and CEO at Mueller Water Products, engaged in a derivative transaction according to a Form 4 filing on Wednesday with the U.S. Securities and Exchange Commission. This involved the acquisition of stock options for 48,513 shares of MWA, providing the right to purchase the company's stock at an exercise price of $11.86 per share.
The Thursday morning update indicates Mueller Water Products shares down by 0.0%, currently priced at $15.68. At this value, ZAKAS's 48,513 shares are worth $185,319.
Discovering Mueller Water Products: A Closer Look
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: A Financial Overview
Decline in Revenue: Over the ...