Form 4: Watts Water Technologies Inc. Executive Lepage Reports Stock Transactions

Sentiment:

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

DateDescription
March 15, 2022Date of grant for performance stock units.
February 3, 2025Date of stock acquisition and disposition.
February 5, 2025Date 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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