Form 4: Watts Water Technologies: Chief Accounting Officer Reports Stock Transactions
SEC Form 4 Filing
Virginia A. Halloran, Chief Accounting Officer of Watts Water Technologies, reports acquisition and disposal of Class A Common Stock related to restricted stock units and tax obligations.
Summary
- On March 14, 2025, Virginia A. Halloran acquired 255 shares of Class A Common Stock at $168.80 per share through the Issuer's Management Stock Purchase Plan.
- On March 14, 2025, 36 shares were disposed of at $211 to cover taxes upon the vesting of a deferred stock award granted on March 14, 2024.
- On March 17, 2025, 51 shares were disposed of at $213.98 to cover taxes upon the vesting of a deferred stock award granted on March 15, 2022.
- On March 17, 2025, 276 shares were disposed of at $213.98 to cover tax withholding obligations in connection with the vesting of restricted stock units purchased on March 15, 2022.
- Following these transactions, Halloran beneficially owns 14,017 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock. It reflects standard compensation practices involving stock awards and units.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
- The filing provides transparency to shareholders regarding insider trading activities.
Key Dates
| Date | Description |
|---|---|
| 03/15/2022 | Date of restricted stock units purchase under the Issuer's Management Stock Purchase Plan (MSPP). |
| 03/14/2024 | Date of deferred stock award grant. |
| 03/14/2025 | Acquisition of 255 shares of Class A Common Stock at $168.80 per share and disposal of 36 shares at $211 to cover taxes. |
| 03/17/2025 | Disposal of 51 shares at $213.98 and 276 shares at $213.98 to cover taxes. |
| 03/18/2025 | Date of signature for the Form 4 filing. |
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