Form 4: Watsco Inc. Chairman and CEO Albert Nahmad Reports Changes in Beneficial Ownership

Albert Nahmad, Chairman and CEO of Watsco Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's stock, including the acquisition of Class B Common Stock.

Summary

• On March 4, 2025, Albert H. Nahmad, Chairman and CEO of Watsco Inc., filed a Form 4 with the SEC.
• The filing reports changes in his beneficial ownership of Watsco Inc. securities.
• The reported transactions include the acquisition of 10,000 shares of Class B Common Stock on March 1, 2025, at a price of $501.35.
• Mr. Nahmad directly owns 160,385 shares of Class B Common Stock.
• Mr. Nahmad also indirectly owns shares through various entities, including Albert Henry Capital L.P. (440,000 shares), My Pal Al, L.P. (902,006 shares), trusts (2,551,845 shares), and Colon Boy LP (206,976 shares).

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting changes in beneficial ownership. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing indicates changes in the holdings of Watsco's Chairman and CEO.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership stake of a key executive.

Key Dates