UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 or 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (Date of earliest event reported): August 1, 2024
(Exact Name of Registrant as Specified in Its Charter)
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
The board of directors (the “Board”) of Mueller Water Products, Inc. (the “Company”) appointed Christian A. Garcia, age 60, as an independent director of the Company effective August 1, 2024, to serve until the Company’s 2025 annual meeting of stockholders and until his successor is elected and qualified. Effective August 1, 2024, the Board created one (1) new directorship on the Board, thereby increasing the number of directors constituting the whole board from ten (10) directors to eleven (11) directors. Mr. Garcia will fill such newly created seat on the Board and will serve as a member of the Company’s Audit Committee.
There are no arrangements or understandings between Mr. Garcia and any other persons pursuant to which Mr. Garcia was appointed as a director of the Company. There are no transactions in which Mr. Garcia has an interest requiring disclosure under Item 404(a) of Regulation S-K.
Mr. Garcia will receive compensation for his service on the Board in accordance with the Company’s standard compensatory arrangement for non-employee directors, except that, in lieu of the annual equity grant, which will not be available to Mr. Garcia because of the terms of the Company’s Second Amended and Restated 2006 Stock Incentive Plan, Mr. Garcia will receive an initial, prorated equity award of restricted stock units valued at $63,644. A description of the Company’s non-employee director compensation program can be found in the Company’s proxy statement on Schedule 14A under the heading “Director Compensation,” which was filed with the Securities and Exchange Commission on January 19, 2024. Mr. Garcia will also enter into the Company’s standard indemnification agreement with directors.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, Mueller Water Products, Inc. has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| Dated: August 1, 2024 | MUELLER WATER PRODUCTS, INC. | |||||||||||||
| By: | /s/ Chason A. Carroll | |||||||||||||
| Chason A. Carroll | ||||||||||||||
| Senior Vice President, General Counsel and Corporate Secretary | ||||||||||||||