Form 4: Watts Water Technologies: Officer Reports Stock Vesting and Tax Withholding

Virginia A. Halloran, Chief Accounting Officer of Watts Water Technologies, reports the vesting of performance stock units and subsequent tax withholding.

Summary

• On February 3, 2025, Virginia A. Halloran, Chief Accounting Officer of Watts Water Technologies, acquired 669 shares of Class A Common Stock due to the vesting of performance stock units.
• These units were initially granted on March 15, 2022.
• Also on February 3, 2025, 319 shares were disposed of to cover taxes associated with the vesting of these performance stock units at a price of $205.47 per share.
• Following these transactions, Halloran directly owns 13,887 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: This is a neutral report on routine stock transactions related to executive compensation. It doesn't indicate positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the stock ownership changes of company officers.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in compliance with SEC regulations.
• Similar filings are made by officers of companies like Honeywell, Xylem, and ITT Inc. when they have transactions involving their company's stock.
• The vesting of performance stock units is a common form of executive compensation, aligning management's interests with those of shareholders.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders.
• It reflects standard executive compensation practices.

Key Dates

Keywords

Form 4, Watts Water Technologies, Stock Vesting, Tax Withholding, Officer Transaction, Virginia A. Halloran, WTS, Performance Stock Units