Form 4: Watts Water Technologies Director and 10% Owner Reports Sale of 7,000 Shares Under 10b5-1 Plan

Timothy P. Horne, a Director and 10% Owner of Watts Water Technologies Inc., reported the sale of 7,000 shares of Class A Common Stock for approximately $1.69 million, executed under a Rule 10b5-1 trading plan.

Summary

• Timothy P. Horne, identified as both a Director and a 10% Owner of Watts Water Technologies Inc. (WTS), filed a Form 4.
• The filing reports a transaction that occurred on May 28, 2025.
• Mr. Horne disposed of 7,000 shares of Class A Common Stock.
• The shares were sold at a price of $241.85 per share.
• The total value of the transaction amounts to approximately $1,692,950.
• The transaction was made pursuant to a contract, instruction, or written plan for the sale of equity securities of the issuer, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
• The shares were held indirectly through the Tiffany R. Horne Trust, where Timothy P. Horne serves as co-trustee.

Sentiment

Score: 5

Explanation: The sentiment is neutral. While an insider sale can sometimes be viewed negatively, the explicit mention of the transaction being executed under a Rule 10b5-1 plan indicates it was pre-scheduled and not based on new, non-public information, thereby mitigating potential negative interpretations.

Positives

• The sale was conducted under a Rule 10b5-1 trading plan, indicating it was pre-scheduled and not based on new, non-public information, which can mitigate negative market interpretations of insider selling.

Negatives

• The disposition of 7,000 shares by a Director and 10% Owner reduces insider ownership, which could be perceived by some investors as a decrease in management's direct equity alignment with shareholder interests.

Future Outlook

This Form 4 filing reports a past insider transaction and does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This document is an insider transaction report specific to Watts Water Technologies Inc. and does not provide broader industry trends or competitive analysis.

Related Party Transactions

• The reported sale of 7,000 shares of Class A Common Stock was held indirectly through the Tiffany R. Horne Trust, where the reporting person, Timothy P. Horne, serves as co-trustee.

Stakeholder Impact

• Shareholders: The sale by a significant insider, even if pre-planned, reduces the direct equity alignment of that insider with other shareholders. However, the 10b5-1 plan suggests the sale was not driven by a change in confidence in the company's prospects.

Key Dates

Keywords

Watts Water Technologies, WTS, SEC Form 4, Insider Trading, Stock Sale, Beneficial Ownership, Timothy P. Horne, Director, 10% Owner, Rule 10b5-1