X0508 4 2024-01-02 0000009092 BADGER METER INC BMI 0001525211 ADAMS TODD A. 4545 W. BROWN DEER ROAD MILWAUKEE WI 53223 true false false false false Phantom Stock Units 2024-01-02 4 A false 103.65 154.37 A BMI Common Stock 103.65 14075.913 D Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash upon the reporting person's termination of service as a director. The phantom stock units were accrued in Mr. Adams' Badger Meter, Inc. Director Deferred Compensation Plan account as payment for his 2024 First Quarter retainer of $16,000. The phantom stock units were computed at $154.37, the 12/29/2023 closing price of the Company's common stock as required by the plan. /s/ William R.A. Bergum, Attorney-in-Fact for Todd A. Adams 2024-01-02