Form 4: Watts Water Technologies Director Timothy Horne Sells Shares
SEC Form 4 Filing
Director Timothy Horne sold shares of Watts Water Technologies Inc. on February 26th and 27th, 2024.
Summary
- Director Timothy P. Horne sold shares of Watts Water Technologies Inc. (WTS) on February 26th and 27th, 2024.
- On February 26, 2024, 764 shares of Class A Common Stock were sold at a price of $199 per share.
- On February 27, 2024, 9,236 shares of Class A Common Stock were sold at a weighted average price of $199.09 per share, with individual prices ranging from $199.00 to $199.30.
- Following these transactions, Timothy Horne indirectly owns 5,000 shares through a revocable trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a director's sale of shares. It doesn't inherently convey positive or negative sentiment, but the sale itself could be interpreted in various ways depending on the context.
Industry Context
This is a routine disclosure of insider trading activity. It's important to monitor such filings to understand the sentiment of company insiders regarding the company's prospects.
Stakeholder Impact
- The sale of shares by a director could potentially influence investor sentiment, although the impact is likely to be minimal given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Sale of 764 shares of Class A Common Stock at $199 per share. |
| 02/27/2024 | Sale of 9,236 shares of Class A Common Stock at a weighted average price of $199.09 per share. |
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