Form 4: Watsco Executive Vice President Barry S. Logan Reports Stock Sales

Executive Vice President Barry S. Logan reports the sale of Watsco Inc. common stock on December 18, 2024, following a transaction on December 14, 2024.

Summary

• Barry S. Logan, Executive Vice President of Watsco Inc., filed a Form 4 detailing changes in beneficial ownership.
• On December 14, 2024, there was a transaction involving common stock.
• On December 18, 2024, Logan sold 10,998 shares of Watsco common stock at a weighted average price of $508.21, with prices ranging from $508.00 to $508.42.
• Following the reported transactions, Logan directly owns 30,000 shares of common stock.
• Logan also indirectly owns 1,770 shares through the Watsco, Inc. Profit Sharing Retirement Plan and Trust.
• Additionally, Logan holds 113,037 shares of Class B Common Stock, convertible to Common Stock on a one-for-one basis, with 70,000 shares directly held and 43,037 shares subject to vesting restrictions.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of stock transactions by an executive. The sale itself doesn't necessarily indicate a positive or negative outlook.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor potential shifts in sentiment or alignment of interests.

Stakeholder Impact

• The stock sale by an executive may be of interest to shareholders as it provides insight into management's perspective on the company's value.

Key Dates