Form 4: Waters Corp Director Heather Knight Acquires Shares in Lieu of Cash Compensation

Director Heather Knight acquired Waters Corp common stock units in lieu of cash payment for director fees, convertible to shares in 2027.

Summary

• Heather Knight, a director at Waters Corp, acquired 52.95 common stock units on March 31, 2025, in lieu of cash payment for director fees.
• The price of the acquisition was $0.
• These common stock units are convertible into shares of Waters Corp's common stock on a one-for-one basis upon distribution.
• The distribution will occur on January 1, 2027, as per a previous election by Knight.
• Following the transaction, Knight beneficially owns 613.05 shares of common stock.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive as a director is increasing their stake in the company, suggesting confidence. However, it's a routine transaction, not a major event.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Future Outlook

The director's decision to take shares instead of cash could signal a positive outlook on the company's future performance.

Industry Context

Director share acquisitions are common and often viewed as a positive signal, aligning management's interests with shareholders'.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholders as it signals confidence from a director.

Key Dates

Keywords

Waters Corp, Director, Heather Knight, Common Stock, Acquisition, Director Fees, SEC Form 4, Beneficial Ownership