Form 4: Watts Water Technologies Director Sells Shares
SEC Form 4 Filing
Michael J. Dubose, a director at Watts Water Technologies, sold 315 shares of Class A Common Stock at an average price of $185.93 on August 15, 2024.
Summary
- On August 15, 2024, Michael J. Dubose, a director of Watts Water Technologies Inc. (WTS), sold 315 shares of Class A Common Stock.
- The sale was executed at a weighted average price of $185.93 per share, with individual transaction prices ranging from $185.90 to $185.94.
- Following the transaction, Dubose directly owns 2,755 shares of Watts Water Technologies Inc.
Sentiment
Score: 5
Explanation: This is a neutral event. A director selling shares doesn't necessarily indicate a positive or negative outlook for the company, but it is important to monitor further insider activity.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency to the market regarding the transactions of company insiders.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder confidence, depending on the size of the sale and the context.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Date of transaction: Michael J. Dubose sold shares of Watts Water Technologies Inc. |
| 08/16/2024 | Date of report filing. |
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