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Companies Badger Meter Inc

Badger Meter (BMI): executive pay, fiscal 2025

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CEO total pay$5,932,862CEO Kenneth Bockhorst · source
Say-on-pay support94.04%Latest vote · source
CEO vs. named peers56th pct.Of 16 peer CEOs
CEO pay ratio126:1To the median employee · source

CEO pay, last three years

  • $4,544,288FY2023
  • $5,084,577FY2024
  • $5,932,862FY2025

CEO total pay was $5,932,862 in fiscal 2025, up from $5,084,577 in fiscal 2024.

FY2025: salary $880,000 · bonus $1,740,464 · stock awards $3,042,144 · option awards $0

Executives and directors

Frequently asked questions

Who was the highest-paid executive at Badger Meter Inc in fiscal 2025?
As disclosed, Kenneth Bockhorst (Chairman, President & CEO) was the highest-paid executive at Badger Meter Inc in fiscal 2025, with total compensation of $5,932,862.
How does Badger Meter Inc's chief executive pay compare to its disclosed peer group?
As disclosed, Kenneth Bockhorst's total compensation ranked at the 56th percentile of Badger Meter Inc's disclosed peer group.
What is Badger Meter Inc's CEO-to-median employee pay ratio?
As disclosed, Badger Meter Inc's CEO-to-median employee pay ratio was 126:1.
How did shareholders vote on Badger Meter Inc's executive compensation?
As disclosed, 94.04% of shareholders supported Badger Meter Inc's executive compensation in the latest say-on-pay vote.
How much does Badger Meter Inc spend in total on board compensation for fiscal 2025?
As disclosed, Badger Meter Inc reported total board compensation of $1,420,760 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

Full detail

Every table from the filing. Open any section.

Summary compensation table
Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Kenneth Bockhorst$880,000$1,740,464$3,042,144$0—$182,171$88,083$5,932,862
Chairman, President & CEO
Robert Wrocklage500,000629,300709,5860055,36458,1441,952,394
Senior Vice President - Chief Financial Officer
Sheryl Hopkins360,000323,640228,1870—23,17349,668984,668
Vice President - Human Resources
Kimberly Stoll325,000262,958228,1870—20,46853,430890,043
Vice President - Sales and Marketing
William Bergum300,000269,700228,1870—17,81152,078867,776
Vice President - General Counsel

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Kenneth Bockhorst$5,932,862$5,084,577$4,544,288↑ +848,285
Robert Wrocklage1,952,3941,811,4261,469,445↑ +140,968
Sheryl Hopkins984,668924,824715,388↑ +59,844
Kimberly Stoll890,043832,717760,197↑ +57,326
William Bergum867,776———

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

Incentive-plan design — the Compensation Discussion & Analysis

The executive compensation program is designed to attract and retain qualified executive officers, as well as motivate and reward individual and company performance. The Compensation Committee seeks to maintain a fair and market competitive compensation structure for our executive officers.

CEO STI target (% of salary)110%
CEO LTI target (% of salary)—
Independent consultantWillis Towers Watson PLC and Zayla
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
Equity grants and outstanding awards

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Sheryl HopkinsPSU2025-03-07323646—1,292$136,997
Kenneth BockhorstPSU2025-03-075,73811,476—22,9522,433,715
Robert WrocklagePSU2025-03-071,0042,008—4,016425,836
Kimberly StollPSU2025-03-07323646—1,292136,997
William BergumRSU2025-03-07——430—91,190
Robert WrocklageRSU2025-03-07——1,338—283,750
Kenneth BockhorstRSU2025-03-07——2,869—608,429
Sheryl HopkinsRSU2025-03-07——430—91,190
Kimberly StollRSU2025-03-07——430—91,190
William BergumPSU2025-03-07323646—1,292136,997

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Sheryl Hopkins$91,190$136,997$060.0%
Kenneth Bockhorst608,4292,433,715080.0%
Robert Wrocklage283,750425,836060.0%
Kimberly Stoll91,190136,997060.0%
William Bergum91,190136,997060.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
William BergumRSU921—$160,632
Kimberly StollRSU970—169,178
Sheryl HopkinsRSU978—170,573
Robert WrocklageRSU3,040—530,206
William BergumPSU3,741—652,384
Sheryl HopkinsPSU4,009—699,128
Kimberly StollPSU4,019—700,893
Robert WrocklagePSU12,438—2,169,240
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Glen E. TellockIndependent · Lead Independent Director · Corporate Governance and Sustainability (Chair) · Compensation and Human Resources$85,000$106,595$0$0$0$191,595
Xia LiuIndependent · Audit and Compliance (Chair)79,000106,595000185,595
James W. McGillIndependent · Compensation and Human Resources (Chair) · Corporate Governance and Sustainability74,000106,595000180,595
Todd A. AdamsIndependent · Compensation and Human Resources74,000106,595000180,595
Melanie K. CookIndependent · Audit and Compliance64,000106,595000170,595
Tessa M. MyersIndependent · Audit and Compliance · Corporate Governance and Sustainability64,000106,595000170,595
Henry F. BrooksIndependent · Compensation and Human Resources64,000106,595000170,595
James F. SternIndependent · Audit and Compliance · Corporate Governance and Sustainability64,000106,595000170,595
Kenneth C. BockhorstEmployee director · Board Chair000—00

Board fee structure and ownership guideline

Annual cash retainer$64,000
Annual equity retainer$100,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)15,000 / 10,000 / 6,000
Stock ownership guideline$256,000

Total cost of the board

ComponentFY2025
Cash retainers and fees$568,000
Equity awards (grant-date value)$852,760
All other compensation$0
Total cost of the board$1,420,760

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

Peer group, and who names Badger Meter as a peer

Companies that benchmark against BMI

18 companies name BMI as a compensation peer

Each company listed discloses BMI in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named BMI in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

Peer reciprocity

Of the companies Badger Meter Inc names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer’s own current proxy has been read — each mark is cited in the register to that peer’s filing. A dash means the peer’s current proxy was read and names no reciprocal group including Badger Meter Inc.

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Zurn Elkay Water Solutions2025Todd Adams$1,005,000$8,000,010$0$1,852,969$11,603,760
2Itron, Inc.2025Thomas Deitrich1,000,0008,900,72001,291,83511,208,405
3Watts Water Technologies, Inc.2025Robert Pagano, Jr.1,173,0006,450,42102,709,00010,423,317
4Mirion Technologies, Inc.2025Thomas Logan818,7505,099,99001,074,5167,035,470
5Mueller Water Products, Inc.2025Marietta Edmunds Zakas931,3272,970,915849,9772,038,6766,855,283
6Enerpac Tool Group2025Paul Sternlieb929,4234,520,6340951,3326,548,272
7Standex International Corporation2026David Dunbar936,4364,135,8190560,4576,407,973
8Badger Meter Inc2025Kenneth Bockhorst880,0003,042,1440—5,932,862
9Brady Corporation2026Vineet Nargolwala115,3855,200,0690245,1925,770,770
10Esco Technologies, Inc.2025Bryan Sayler830,5003,052,88601,661,0005,586,139
11Kadant, Inc.2025Jeffrey Powell970,9003,036,18101,491,8005,519,261
12Lindsay Corporation2025Randy Wood837,7442,375,165749,9691,117,6985,095,625
13CTS Corporation2025Kieran O'Sullivan856,3202,900,0490975,7804,758,899
14Strattec Security Corporation2026Jennifer Slater675,0001,372,95001,016,4003,409,754
15Helios Technologies, Inc.2025Sean Bagan713,461692,972705,015987,0003,383,351
16Douglas Dynamics, Inc.2025Mark Van Genderen651,4211,110,23901,219,6113,008,565
17The Gorman-Rupp Company2025Scott King717,500750,000002,187,652

Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Badger Meter Inc179.8%PSU 80 · RSU 20NoWillis Towers Watson PLC and Zayla
Brady Corporationnot disclosedRSU 50 · PRSU 50not disclosedPearl Meyer
CTS Corporation112.8%not disclosedYes — Relative Total Shareholder Return (RTSR) ModifierExequity, LLP
Douglas Dynamics, Inc.174.2%PSU 50 · RSU 50Yes — Relative TSRFrederic W. Cook & Co, Inc.
Enerpac Tool Group100.7%PSU 60 · RSU 40NoMercer, LLC
Esco Technologies, Inc.200%PSU 70 · RSU 30NoPay Governance LLC
Helios Technologies, Inc.140%RSU 50 · Options 50NoMercer
Itron, Inc.105.9%PSU 67 · RSU 33Yes — Relative TSRFW Cook
Kadant, Inc.148%PSU 80 · RSU 20NoWillis Towers Watson
Lindsay Corporation132%PSU 50 · RSU 25 · Options 25YesMeridian Compensation Partners, LLC
Mirion Technologies, Inc.108.54%PSU 100Yes — Relative TSRWillis Towers Watson (WTW) through April 2025; Compensia from April 2025 forward
Mueller Water Products, Inc.199%PRSU 50 · Option 25 · RSU 25Yes — relative total shareholder return (rTSR)Farient Advisors, LLC
Standex International Corporationnot disclosedRSU 50 · PSU 50Yes — Relative TSRMeridian
Strattec Security Corporationnot disclosedRSU 50 · PSU 50NoPay Governance LLC
The Gorman-Rupp Companynot disclosednot disclosednot disclosedSemler Brossy Consulting Group
Watts Water Technologies, Inc.180.6%not disclosedNoPearl Meyer & Partners, LLC
Zurn Elkay Water Solutions147%PSU 100NoWillis Towers Watson

Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.

Say-on-pay history and pay ratio
Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-04-2422,296,3181,414,09846,78894.04%Passed
20252025-04-2522,090,2721,917,16871,90292.01%Passed
20242024-04-2623,045,5661,993,12173,89392.04%Passed
20232023-04-2823,352,5451,356,626473,67794.51%Passed
20222022-04-2923,062,3051,107,281905,35195.42%Passed
20212021-04-3023,575,7651,528,779212,21393.91%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.

Say-on-pay — history, company’s computation

Meeting yearMeeting dateApproval — company’s computation
20262026-04-2494.04%a
20252025-04-2592.01%b
20242024-04-2692.04%c

a. Approved under the standard stated in the filing — “The advisory vote to approve compensation of NEOs will be approved if the votes "FOR" exceed the votes "AGAINST." Abstentions will have no effect on this Proposal.”.

b. Approved under the standard stated in the filing — “The advisory vote to approve compensation of NEOs will be approved if the votes "FOR" exceed the votes "AGAINST." Abstentions will have no effect on this Proposal.”.

c. Approved under the standard stated in the filing — “The advisory vote to approve compensation of NEOs will be approved if the votes "FOR" exceed the votes "AGAINST." Abstentions will have no effect on this Proposal.”.

Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

CEO pay ratio

Ratio (CEO : median employee)126 : 1
CEO total compensation$5,932,862
Median employee compensation$46,904
Insider trades since the proxy

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Xia LiuDirector2026-04-01A124.71$152$19,000Derivative, Class A CommonForm 4 ↗
Todd A. AdamsDirector2026-04-01A124.7115219,000Derivative, Class A CommonForm 4 ↗
Christina M. TarantinoVP-Controller2026-04-21A87011499,006CommonForm 4 ↗
Edward F. CallahanVP-Engineering2026-04-21A85811699,785CommonForm 4 ↗
Kenneth BockhorstDirector2026-04-21A2,200118258,573CommonForm 4 ↗
Richard HtweVP-Global Operations2026-04-21A1,700116197,421CommonForm 4 ↗
William BergumVP-Gen. Counsel and Secretary2026-04-21A1,413.76124175,000CommonForm 4 ↗
Robert WrocklageEVP-N.A. Muncipal Utility2026-04-23A1,000122122,350CommonForm 4 ↗
James F. SternDirector2026-04-27A952123117,058CommonForm 4 ↗
Glen E. TellockDirector2026-04-27A952123117,058CommonForm 4 ↗
Melanie K. CookDirector2026-04-27A952123117,058CommonForm 4 ↗
James W. McGillDirector2026-04-27A952123117,058CommonForm 4 ↗
Tessa M. MyersDirector2026-04-27A952123117,058CommonForm 4 ↗
Henry F. BrooksDirector2026-04-27A952123117,058CommonForm 4 ↗
Xia LiuDirector2026-04-27A952123117,058Derivative, Class A CommonForm 4 ↗
Todd A. AdamsDirector2026-04-27A952123117,058Derivative, Class A CommonForm 4 ↗
Xia LiuDirector2026-05-01A131.2815220,001Derivative, Class A CommonForm 4 ↗
Todd A. AdamsDirector2026-07-01A128.0514819,000Derivative, Class A CommonForm 4 ↗
Xia LiuDirector2026-07-01A128.0514819,000Derivative, Class A CommonForm 4 ↗
Edward F. CallahanVP-Engineering2026-07-30A751135101,572CommonForm 4 ↗
Xia LiuDirector2026-10-01A153.812419,000Derivative, Class A CommonForm 4 ↗
Todd A. AdamsDirector2026-10-01A153.812419,000Derivative, Class A CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

Sources (85 citations)

Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.

  • Section 01, Kenneth Bockhorst. DEF 14A, filed 2026-03-13. Section “Summary Compensation Table for 2025 (all amounts in $)” · page 25. As printed: 5,932,862. View filing ↗
  • Section 01, Robert Wrocklage. DEF 14A, filed 2026-03-13. Section “Summary Compensation Table for 2025 (all amounts in $)”. As printed: 1,952,394. View filing ↗
  • Section 01, Sheryl Hopkins. DEF 14A, filed 2026-03-13. Section “Summary Compensation Table for 2025 (all amounts in $)”. As printed: 984,668. View filing ↗
  • Section 01, Kimberly Stoll. DEF 14A, filed 2026-03-13. Section “Summary Compensation Table for 2025 (all amounts in $)”. As printed: 890,043. View filing ↗
  • Section 01, William Bergum. DEF 14A, filed 2026-03-13. Section “Summary Compensation Table for 2025 (all amounts in $)”. As printed: 867,776. View filing ↗
  • Section 03, Sheryl Hopkins PSU. DEF 14A, filed 2026-03-13. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Kenneth Bockhorst PSU. DEF 14A, filed 2026-03-13. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Robert Wrocklage PSU. DEF 14A, filed 2026-03-13. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Kimberly Stoll PSU. DEF 14A, filed 2026-03-13. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, William Bergum RSU. DEF 14A, filed 2026-03-13. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Robert Wrocklage RSU. DEF 14A, filed 2026-03-13. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Kenneth Bockhorst RSU. DEF 14A, filed 2026-03-13. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Sheryl Hopkins RSU. DEF 14A, filed 2026-03-13. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Kimberly Stoll RSU. DEF 14A, filed 2026-03-13. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, William Bergum PSU. DEF 14A, filed 2026-03-13. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 07, pay ratio. DEF 14A, filed 2026-03-13. Section “CEO Pay Ratio”. As printed: 126 : 1. View filing ↗
  • Section 08, Glen E. Tellock. DEF 14A, filed 2026-03-13. Section “Director Compensation”. As printed: 191,595. View filing ↗
  • Section 08, Xia Liu. DEF 14A, filed 2026-03-13. Section “Director Compensation”. As printed: 185,595. View filing ↗
  • Section 08, James W. McGill. DEF 14A, filed 2026-03-13. Section “Director Compensation”. As printed: 180,595. View filing ↗
  • Section 08, Todd A. Adams. DEF 14A, filed 2026-03-13. Section “Director Compensation”. As printed: 180,595. View filing ↗
  • Section 08, Melanie K. Cook. DEF 14A, filed 2026-03-13. Section “Director Compensation”. As printed: 170,595. View filing ↗
  • Section 08, Tessa M. Myers. DEF 14A, filed 2026-03-13. Section “Director Compensation”. As printed: 170,595. View filing ↗
  • Section 08, Henry F. Brooks. DEF 14A, filed 2026-03-13. Section “Director Compensation”. As printed: 170,595. View filing ↗
  • Section 08, James F. Stern. DEF 14A, filed 2026-03-13. Section “Director Compensation”. As printed: 170,595. View filing ↗
  • Section 08, Kenneth C. Bockhorst. DEF 14A, filed 2026-03-13. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 02, Xia Liu 2026-04-01. Form 4, filed 2026-04-02. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Todd A. Adams 2026-04-01. Form 4, filed 2026-04-02. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Christina M. Tarantino 2026-04-21. Form 4, filed 2026-04-22. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Edward F. Callahan 2026-04-21. Form 4, filed 2026-04-22. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Kenneth Bockhorst 2026-04-21. Form 4, filed 2026-04-21. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Richard Htwe 2026-04-21. Form 4, filed 2026-04-22. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, William Bergum 2026-04-21. Form 4, filed 2026-04-23. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Robert Wrocklage 2026-04-23. Form 4, filed 2026-04-23. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, James F. Stern 2026-04-27. Form 4, filed 2026-04-29. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Glen E. Tellock 2026-04-27. Form 4, filed 2026-04-29. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Melanie K. Cook 2026-04-27. Form 4, filed 2026-04-29. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, James W. McGill 2026-04-27. Form 4, filed 2026-04-29. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Tessa M. Myers 2026-04-27. Form 4, filed 2026-04-29. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Henry F. Brooks 2026-04-27. Form 4, filed 2026-04-29. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Xia Liu 2026-04-27. Form 4, filed 2026-04-29. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Todd A. Adams 2026-04-27. Form 4, filed 2026-04-29. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Xia Liu 2026-05-01. Form 4, filed 2026-05-04. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Todd A. Adams 2026-07-01. Form 4, filed 2026-07-02. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Xia Liu 2026-07-01. Form 4, filed 2026-07-02. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Edward F. Callahan 2026-07-30. Form 4, filed 2026-07-31. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Xia Liu 2026-10-01. Form 4, filed 2026-10-02. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Todd A. Adams 2026-10-01. Form 4, filed 2026-10-02. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 06, 2026 vote. Form 8-K, filed 2026-04-28. Item 5.07 · say-on-pay result. As reported: 94.04% (votes for as printed: 22,296,318). View filing ↗
  • Section 06, 2025 vote. Form 8-K, filed 2025-04-29. Item 5.07 · say-on-pay result. As reported: 92.01% (votes for as printed: 22,090,272). View filing ↗
  • Section 06, 2024 vote. Form 8-K, filed 2024-04-30. Item 5.07 · say-on-pay result. As reported: 92.04% (votes for as printed: 23,045,566). View filing ↗
  • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
  • Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
  • Section 09b board cost (computed). Computed. Cash 568,000 + equity 852,760 + all other 0 = 1,420,760, summed across the director compensation table rows.
  • Zurn Elkay Water Solutions, Section 10b CEO total. DEF 14A, filed 2026-03-12. CEO total compensation as printed in Zurn Elkay Water Solutions's own proxy. As printed: 11,603,760. View filing ↗
  • Itron, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-23. CEO total compensation as printed in Itron, Inc.'s own proxy. As printed: 11,208,405. View filing ↗
  • Watts Water Technologies, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-01. CEO total compensation as printed in Watts Water Technologies, Inc.'s own proxy. As printed: 10,423,317. View filing ↗
  • Mirion Technologies, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-01. CEO total compensation as printed in Mirion Technologies, Inc.'s own proxy. As printed: 7,035,470. View filing ↗
  • Mueller Water Products, Inc., Section 10b CEO total. DEF 14A, filed 2025-12-19. CEO total compensation as printed in Mueller Water Products, Inc.'s own proxy. As printed: 6,855,283. View filing ↗
  • Enerpac Tool Group, Section 10b CEO total. DEF 14A, filed 2025-12-22. CEO total compensation as printed in Enerpac Tool Group's own proxy. As printed: 6,548,272. View filing ↗
  • Standex International Corporation, Section 10b CEO total. DEF 14A, filed 2026-09-04. CEO total compensation as printed in Standex International Corporation's own proxy. As printed: 6,407,973. View filing ↗
  • Badger Meter Inc (subject), Section 10b CEO total. DEF 14A, filed 2026-03-13. CEO total compensation as printed in Badger Meter Inc's own proxy. As printed: 5,932,862. View filing ↗
  • Brady Corporation, Section 10b CEO total. 10-K, filed 2026-09-03. CEO total compensation as printed in Brady Corporation's own proxy. As printed: 5,770,770. View filing ↗
  • Esco Technologies, Inc., Section 10b CEO total. DEF 14A, filed 2025-12-10. CEO total compensation as printed in Esco Technologies, Inc.'s own proxy. As printed: 5,586,139. View filing ↗
  • Kadant, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-01. CEO total compensation as printed in Kadant, Inc.'s own proxy. As printed: 5,519,261. View filing ↗
  • Lindsay Corporation, Section 10b CEO total. DEF 14A, filed 2025-11-21. CEO total compensation as printed in Lindsay Corporation's own proxy. As printed: 5,095,625. View filing ↗
  • CTS Corporation, Section 10b CEO total. DEF 14A, filed 2026-04-02. CEO total compensation as printed in CTS Corporation's own proxy. As printed: 4,758,899. View filing ↗
  • Strattec Security Corporation, Section 10b CEO total. DEF 14A, filed 2026-09-16. CEO total compensation as printed in Strattec Security Corporation's own proxy. As printed: 3,409,754. View filing ↗
  • Helios Technologies, Inc., Section 10b CEO total. DEF 14A, filed 2026-05-04. CEO total compensation as printed in Helios Technologies, Inc.'s own proxy. As printed: 3,383,351. View filing ↗
  • Douglas Dynamics, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-20. CEO total compensation as printed in Douglas Dynamics, Inc.'s own proxy. As printed: 3,008,565. View filing ↗
  • The Gorman-Rupp Company, Section 10b CEO total. DEF 14A, filed 2026-03-23. CEO total compensation as printed in The Gorman-Rupp Company's own proxy. As printed: 2,187,652. View filing ↗
  • Section 10a, Watts Water Technologies, Inc. reciprocity. DEF 14A. Watts Water Technologies, Inc.'s most recent proxy was read; its disclosed peer group does not include Badger Meter Inc. View filing ↗
  • Section 10a, Lindsay Corporation reciprocity. DEF 14A. Lindsay Corporation's most recent proxy was read; its disclosed peer group does not include Badger Meter Inc. View filing ↗
  • Section 10a, Mueller Water Products, Inc. reciprocity. DEF 14A. Mueller Water Products, Inc. names Badger Meter Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, CTS Corporation reciprocity. DEF 14A. CTS Corporation names Badger Meter Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Strattec Security Corporation reciprocity. DEF 14A. Strattec Security Corporation's most recent proxy was read; its disclosed peer group does not include Badger Meter Inc. View filing ↗
  • Section 10a, ESCO Technologies, Inc. reciprocity. DEF 14A. ESCO Technologies, Inc. names Badger Meter Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, The Gorman-Rupp Company reciprocity. DEF 14A. The Gorman-Rupp Company names Badger Meter Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Kadant, Inc. reciprocity. DEF 14A. Kadant, Inc.'s most recent proxy was read; its disclosed peer group does not include Badger Meter Inc. View filing ↗
  • Section 10a, Standex International Corporation reciprocity. DEF 14A. Standex International Corporation's most recent proxy was read; its disclosed peer group does not include Badger Meter Inc. View filing ↗
  • Section 10a, Douglas Dynamics, Inc. reciprocity. DEF 14A. Douglas Dynamics, Inc.'s most recent proxy was read; its disclosed peer group does not include Badger Meter Inc. View filing ↗
  • Section 10a, Helios Technologies, Inc. reciprocity. DEF 14A. Helios Technologies, Inc. names Badger Meter Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Mirion Technologies, Inc. reciprocity. DEF 14A. Mirion Technologies, Inc. names Badger Meter Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Itron, Inc. reciprocity. DEF 14A. Itron, Inc.'s most recent proxy was read; its disclosed peer group does not include Badger Meter Inc. View filing ↗
  • Section 10a, Zurn Elkay Water Solutions reciprocity. DEF 14A. Zurn Elkay Water Solutions names Badger Meter Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Brady Corporation reciprocity. DEF 14A. Brady Corporation's most recent proxy was read; its disclosed peer group does not include Badger Meter Inc. View filing ↗
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