Form 4: Waters Corp Director Heather Knight Reports Stock Unit Acquisition
Statement of Changes in Beneficial Ownership
Waters Corporation Director Heather Knight acquired 63.03 common stock units on June 30, 2026, as a non-cash director fee compensation.
Summary
- Heather Knight, a Director at Waters Corp, acquired 63.03 common stock units on June 30, 2026.
- These units were received in lieu of cash payment for director fees.
- The common stock units are convertible into shares of the Issuer's common stock on a one-for-one basis.
- Distribution of these shares will occur on January 1, 2027, as per a prior election by Ms. Knight.
- Following this transaction, Ms. Knight beneficially owns 1,280.54 shares of common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents routine director compensation and does not indicate significant new financial performance or strategic shifts.
Positives
- Director compensation is being paid in stock units, aligning director interests with shareholders.
- The acquisition of stock units by a director can be seen as a positive signal of confidence in the company's future.
Future Outlook
Common stock units received as director fees are set to be distributed on January 1, 2027, converting into shares of common stock.
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 long-term shareholder value.
Related Party Transactions
- Acquisition of common stock units by Director Heather Knight in lieu of cash director fees.
Stakeholder Impact
- Shareholders: The use of stock units for director compensation aligns director interests with shareholder value.
- Directors: Heather Knight receives compensation in the form of stock units, with future conversion to common stock.
Next Steps
- Distribution of common stock units into shares of common stock on January 1, 2027.
Key Dates
| Date | Description |
|---|---|
| 06/30/2026 | Transaction Date: Acquisition of common stock units. |
| 01/01/2027 | Distribution Date: Common stock units convertible into shares of common stock. |
| 05/21/2026 | Date of Power of Attorney execution. |
Keywords
Waters Corp, Form 4, Director Compensation, Stock Units, Beneficial Ownership, SEC Filing, Insider Trading
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