Form 4: Watts Water Technologies Inc. Executive Lepage Reports Stock Transactions
SEC Form 4 Filing
Kenneth Robert Lepage, General Counsel of Watts Water Technologies, reports acquisition of shares through vesting of performance stock units and disposition to cover taxes.
Summary
- On February 3, 2025, Kenneth Robert Lepage, General Counsel of Watts Water Technologies Inc., acquired 4,375 shares of Class A Common Stock due to the vesting of performance stock units granted on March 15, 2022.
- The shares were acquired at a price of $0.0000.
- Lepage also disposed of 1,493 shares of Class A Common Stock at a price of $205.47 to cover taxes related to the vesting of the performance stock units.
- Following these transactions, Lepage beneficially owns 14,339 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the document simply reports required stock transactions. There is no indication of positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel at Watts Water Technologies.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are part of standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| March 15, 2022 | Date of grant for performance stock units. |
| February 3, 2025 | Date of stock acquisition and disposition. |
| February 5, 2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Stock Transaction, Watts Water Technologies, Lepage, Vesting, Performance Stock Units, Tax Withholding
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