Company: MWA
Filing Date: 2025-11-19
Form Type: 10-K
Source: 0001350593-25-000066
Chunk: 383

Company: Mueller Water Products, Inc.
Filing Date: 2025-11-19
Form: 10-K
Item: Item 7
Chunk 383
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 The expected volatility was based on historical volatility data for the Company considering the expected term. The expected term represents the average period of time the options are expected to be outstanding.  Stock option activity under the 2006 Plan is summarized below:OptionsWeightedaverageexercisepriceper optionWeightedaverageremainingcontractualterm (years)Aggregateintrinsicvalue(millions)  Outstanding as of September 30, 20221,013,293 $12.19 7.7$0.3 Granted573,279 11.41 Exercised(131,989)9.59 0.4 Cancelled(327,115)12.16 Outstanding as of September 30, 20231,127,468 12.10 7.8$1.0 Granted457,356 13.22 Exercised(517,839)12.05 5.0 Cancelled(135,215)12.69 Outstanding as of September 30, 2024931,770 12.60 7.9$8.5 Granted228,615 25.54 Exercised(246,577)12.33 3.3 Cancelled(5,604)19.45 Outstanding as of September 30, 2025908,204 $15.89 7.8$8.8 Exercisable as of September 30, 2025374,295 $12.60 6.8$4.8 Stock option exercise prices are equal to the closing price of our common stock on the relevant grant date.  The ranges of exercise prices for stock options outstanding as of September 30, 2025 are summarized below:Exercise priceOutstanding OptionsWeightedaverageexercise priceWeightedaverageremainingcontractualterm (years)Exercisable optionsWeightedaverageexercise price$10.00 -$14.99 682,415 $12.70 7.3374,295 $12.60 $25.00 -$29.99 225,789 25.54 9.2— — 908,204 $15.89 374,295 $12.60 

F- 31

Table of ContentsIndex to Financial Statements

Employee Stock Purchase Plan.  The Mueller Water Products, Inc. 2006 Employee Stock Purchase Plan (“ESPP