Form 4: Director Wei Jiang Acquires Waters Corp Stock Units
Statement of Changes in Beneficial Ownership
Director Wei Jiang acquired common stock units in Waters Corp, valued at $64.06 each, as a substitute for director fees.
Summary
- Director Wei Jiang acquired 64.06 common stock units in Waters Corp on March 31, 2026.
- These units were received in lieu of cash payment for director fees.
- The common stock units are convertible into shares of Waters Corp's common stock on a one-for-one basis.
- Distribution of these shares will occur on January 1, 2036, as per a prior election by Mr. Jiang.
- Following this transaction, Mr. Jiang beneficially owns 3,505.33 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard director compensation transaction rather than a significant strategic or financial event.
Positives
- Director Wei Jiang has increased his direct beneficial ownership of Waters Corp common stock.
- The acquisition of stock units aligns director compensation with shareholder interests.
Future Outlook
Common stock units received in lieu of director fees are convertible into shares of common stock on a one-for-one basis, with distribution scheduled for January 1, 2036.
Industry Context
StockSavvy.ai notes that the use of stock units for director compensation is a common practice in the technology and life sciences sectors, aligning executive and director interests with those of shareholders.
Stakeholder Impact
- Shareholders: Increased direct beneficial ownership by a director may be viewed positively, aligning interests.
- Management: Standard compensation practice, indicating ongoing governance procedures.
Next Steps
- Distribution of common stock units into shares of common stock on January 1, 2036.
Key Dates
| Date | Description |
|---|---|
| 03/31/2026 | Transaction date for acquisition of common stock units. |
| 01/01/2036 | Distribution date for common stock units into shares of common stock. |
| 04/02/2026 | Date of signature for the filing. |
Keywords
Waters Corp, Form 4, Director Compensation, Stock Units, Beneficial Ownership, SEC Filing
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