Form 4: Watts Water Technologies Inc. Executive Kenneth Robert Lepage Sells Shares
SEC Form 4 Filing
Kenneth Robert Lepage, General Counsel of Watts Water Technologies Inc., sold shares of Class A Common Stock on November 6, 2024.
Summary
- On November 6, 2024, Kenneth Robert Lepage, the General Counsel of Watts Water Technologies Inc. (WTS), sold a total of 3,607 shares of Class A Common Stock.
- The sales were executed in multiple transactions at weighted average prices of $213.71, $213.17, and $212.16 per share.
- Following these transactions, Lepage directly owns 11,457 shares of Watts Water Technologies Inc. Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock sales by an executive, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of insider transactions and provides transparency to the market regarding the trading activities of company executives.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, although it is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 11/06/2024 | Date of the stock sale transactions. |
| 11/07/2024 | Date of signature on the Form 4 filing. |
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