Form 4: Watts Water Technologies Inc. Executive Reports Stock Transactions
SEC Form 4 Filing
Kenneth Robert Lepage, General Counsel of Watts Water Technologies, reports disposition of shares to cover taxes and acquisition of deferred stock.
Summary
- Kenneth Robert Lepage, General Counsel of Watts Water Technologies Inc., filed a Form 4 detailing changes in beneficial ownership.
- On March 13, 2025, Lepage disposed of 319 shares of Class A Common Stock at $206.39 to cover taxes upon the vesting of a deferred stock award granted on March 13, 2023.
- On March 14, 2025, Lepage acquired 1,746 shares of deferred stock at $0.00, which vest in three equal annual installments beginning on the first anniversary of the grant date.
- Following these transactions, Lepage beneficially owns 15,766 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment. It reflects routine executive compensation and tax obligations.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by SEC regulations. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/13/2023 | Date of deferred stock award grant. |
| 03/13/2025 | Disposition of shares to cover taxes. |
| 03/14/2025 | Acquisition of deferred stock. |
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