WSO.NYSEWatsco INC

Form 4: Watsco Inc. Director Nahmad Reports Acquisition of Common Stock

Sentiment:

SEC Form 4


Aaron J. Nahmad, a director and officer of Watsco Inc., reported acquiring 18 shares of common stock at $473.89 per share on March 13, 2025.

Summary

  • On March 13, 2025, Aaron J. Nahmad, a director and officer (President) of Watsco Inc. (WSO; WSOB), acquired 18 shares of common stock at a price of $473.89 per share.
  • Following this transaction, Nahmad directly owns 1,408 shares of common stock and indirectly owns 501 shares through the Watsco, Inc. Profit Sharing Retirement Plan and Trust, and 1,150 shares by spouse.
  • Nahmad also directly owns 292,038 shares of Class B Common Stock and 64,237 shares of Class B Common Stock awarded pursuant to a Restricted Stock Agreement.
  • Class B Common Stock is convertible into Common Stock on a one-for-one basis at any time and has no expiration date.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of an insider stock purchase, which can be interpreted as a slightly positive signal, but it's not a major event.

Positives

  • A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in the company's stock.

Stakeholder Impact

  • The transaction could have a minor positive impact on shareholder sentiment.

Key Dates

DateDescription
03/13/2025Date of transaction: Aaron J. Nahmad acquired 18 shares of Watsco Inc. common stock.
03/17/2025Date of Form 4 filing.

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