Form 4: Watts Water Director Sells Shares Under 10b5-1 Plan

Watts Water Technologies Director Timothy P. Horne sold 250 shares of Class A Common Stock for $272 per share under a pre-planned trading arrangement.

Summary

• Timothy P. Horne, a Director and 10% Owner of Watts Water Technologies Inc. (WTS), sold 250 shares of Class A Common Stock.
• The transaction occurred on November 20, 2025, at a price of $272 per share.
• The sale was executed pursuant to a Rule 10b5-1(c) pre-planned trading arrangement.
• Following the transaction, Mr. Horne beneficially owns 22,756 shares of Class A Common Stock, held indirectly through a revocable trust where he is the sole trustee and beneficiary.

Sentiment

Score: 5

Explanation: The sale of 250 shares by a director, while an insider transaction, was executed under a pre-planned 10b5-1 arrangement. This suggests a routine liquidity or diversification event rather than a signal of changing company fundamentals, thus maintaining a neutral sentiment.

Positives

• The transaction was conducted under a Rule 10b5-1(c) plan, indicating it was pre-scheduled and not based on immediate, non-public information, which enhances transparency and reduces concerns about opportunistic insider trading.

Negatives

• An insider sale, even under a 10b5-1 plan, can sometimes be perceived as a lack of confidence in the company's near-term prospects, though the small volume mitigates this concern.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• The 22,756 shares beneficially owned by Mr. Horne are held indirectly through a revocable trust, of which he is the sole trustee and beneficiary.

Stakeholder Impact

• Minimal impact on shareholders due to the small volume of shares sold relative to the company's total outstanding shares and the director's remaining holdings.
• No direct impact on employees, customers, suppliers, or creditors from this transaction.

Key Dates

Keywords

Watts Water Technologies, WTS, Insider Sale, Form 4, Timothy P. Horne, Director, 10b5-1 Plan, Stock Transaction, Equity Sale