Company: MWA
Filing Date: 2025-12-19
Form Type: DEF 14A
Source: 0001350593-25-000069
Chunk: 57

Company: Mueller Water Products, Inc.
Filing Date: 2025-12-19
Form: DEF 14A
Chunk 57
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 “Compensation Discussion and Analysis — Compensation Elements — Long-Term Equity-Based Compensation — Performance-Based Restricted Stock Units.”

(16) This row includes unexercised annual incentive stock options awarded in fiscal 2025 . Stock options vest in equal installments on the first, second and third anniversaries of the respective award dates.

(17) In connection with his appointment as President and Chief Operating Officer in May 2024, Mr. McAndrew received an RSU award in the amount of $600,000, which vests in full on the third anniversary of the award date. All RSUs were awarded in accordance with the Stock Plan.

(18) In connection with her hiring, Ms. Rasmussen received an initial sign-on bonus RSU award in the amoun t of $750,000, which vests in equal installments on the first, second and third anniversaries of the award date. All RSUs were awarded in accordance with the Stock Plan.

(19) Mr. Floyd received an RSU retention award in the amount of $425,000, which vests in full on the second anniversary of the award date. All RSUs were awarded in accordance with the Stock Plan.

#### Option Exercises and Stock Vested Table
The following table shows stock options exercised and RSUs and PRSUs vested during fiscal 2025.

|                        |     | Option Awards |         |             |                |           |     | Stock/RSU Awards |        |            |               |           |     | PRSU Awards(3) |        |            |               |           |
| Name                   |     |               |         | Number of   
 Shares      
 Acquired    
 on Exercise | Value          
 Realized       
 on Exercise(1) 
 ($)            |           |     |                  |        | Number of  
 Shares     
 Acquired   
 on Vesting 
 (#)        | Value         
 Realized      
 on Vesting(2) 
 ($)           |           |     |                |        | Number of  
 Shares     
 Acquired   
 on Vesting 
 (#)        | Value         
 Realized      
 on Vesting(2) 
 ($)           |           |
| Marietta Edmunds Zakas |     |               |       — |             |                |         — |     |                  | 29,104 |            |               |   730,927 |     |                | 74,248 |            |               | 1,894,809 |
| Paul McAndrew          |     |               |       — |