Form 4: Waters Corp Director Heather Knight Acquires Shares and Stock Options
SEC Form 4 Filing
Director Heather Knight of Waters Corp acquired 319 shares of restricted stock and 818 stock options on January 2, 2025.
Summary
- Heather Knight, a director at Waters Corp, reported acquiring 319 shares of restricted stock on January 2, 2025.
- These shares were acquired at a price of $0 and will vest in full on January 2, 2026.
- Knight also acquired 818 stock options on the same date, with an exercise price of $368.26.
- These options also vest in full on January 2, 2026, and expire on January 2, 2035.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction, which is generally positive as it indicates alignment of interests between management and shareholders. The acquisition of shares and options by a director is a positive sign.
Positives
- The acquisition of shares and options by a director could be seen as a positive sign of confidence in the company's future.
Industry Context
This is a standard SEC Form 4 filing, which is common for corporate insiders reporting transactions in their company's securities. It is a routine part of corporate governance and transparency.
Comparison to Industry Standards
- The vesting schedule of one year for both the restricted stock and stock options is fairly standard for executive compensation packages.
- The exercise price of $368.26 for the stock options would need to be compared to the current market price of Waters Corp stock to assess the value of the options.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment, as it indicates a director's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of acquisition of restricted stock and stock options. |
| 01/02/2026 | Vesting date for both the restricted stock and stock options. |
| 01/02/2035 | Expiration date for the stock options. |
| 01/06/2025 | Date of filing of the Form 4. |
Keywords
Waters Corp, Heather Knight, stock options, restricted stock, director, insider trading, equity
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