Form 4: Watts Water Technologies COO Reports Stock Transactions

Andre Dhawan, Chief Operating Officer of Watts Water Technologies, reports the acquisition and disposal of company stock related to tax obligations and deferred stock awards.

Summary

• On March 13, 2025, Andre Dhawan disposed of 70 shares of Class A Common Stock at $206.39 to cover taxes upon the vesting of a deferred stock award granted on March 13, 2023.
• On March 14, 2025, Dhawan acquired 2,498 shares of Class A Common Stock at $0.00, consisting of deferred stock that vests in three equal annual installments beginning on the first anniversary of the grant date.
• Following these transactions, Dhawan beneficially owns 10,331 shares of Class A Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the transactions are routine and related to compensation and tax obligations. There is no indication of significant positive or negative sentiment.

Positives

• The acquisition of 2,498 shares indicates continued investment in the company by the COO.

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be an indicator of management's confidence in the company's prospects.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders as they are related to executive compensation and tax obligations.

Key Dates