Form 4: Watts Water Technologies CFO Sells Shares

Shashank Patel, CFO of Watts Water Technologies, sold 7,900 shares of Class A Common Stock on May 12, 2025.

Summary

• On May 12, 2025, Shashank Patel, the Chief Financial Officer of Watts Water Technologies Inc. (WTS), sold a total of 7,900 shares of Class A Common Stock.
• The sales were executed in two separate transactions.
• The first transaction involved the sale of 320 shares at a weighted average price of $245.49, with prices ranging from $245.47 to $245.49.
• The second transaction involved the sale of 7,680 shares at a weighted average price of $244.98, with prices ranging from $244.46 to $245.45.
• Following these transactions, Patel directly owns 2,754 shares.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock sales by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity, which is common among corporate executives. It provides transparency to investors regarding the buying and selling of company stock by its officers.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their executives.
• The information provided is consistent with SEC regulations and reporting requirements.
• Comparable companies such as Xylem, Inc. and Pentair plc also have executives who file Form 4s regularly to report stock transactions.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, potentially causing a slight decrease in stock price due to increased supply.
• The impact on other stakeholders (employees, customers, suppliers, creditors) is likely to be negligible.

Key Dates

Keywords

Watts Water Technologies, WTS, Shashank Patel, CFO, stock sale, Form 4, insider trading, Class A Common Stock