Form 4: Watts Water Technologies Director Sells 5,000 Shares

Director Timothy P. Horne sold 5,000 shares of Watts Water Technologies Inc. on November 6, 2024, at a weighted average price of $214.52.

Summary

• On November 6, 2024, Timothy P. Horne, a director of Watts Water Technologies Inc., sold 5,000 shares of Class A Common Stock.
• The sale was executed at a weighted average price of $214.52 per share.
• The shares were sold in multiple transactions with prices ranging from $214.15 to $214.97.
• Following the transaction, Horne directly owns no shares, but indirectly owns shares through a revocable trust.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a single director's sale, which could be for various personal financial reasons and doesn't necessarily reflect the company's performance.

Industry Context

This is a routine disclosure of an insider transaction. It's important to monitor such filings to understand the sentiment of company insiders, although a single sale doesn't necessarily indicate a negative outlook.

Stakeholder Impact

• The sale of shares by a director could potentially create short-term uncertainty among shareholders.

Key Dates