Chaubal Amol 4
Research Summary
AI-generated summary
Waters (WAT) CFO Amol Chaubal Receives PSUs; 58 Shares Withheld
What Happened
Amol Chaubal, Chief Financial Officer of Waters Corporation (WAT), was credited with 1,884 performance-based restricted stock units (PSUs) on Feb 4, 2026 (reported as an award/grant). On Feb 5, 2026, 58 shares were withheld to satisfy tax-withholding obligations related to previously reported restricted stock units; those 58 shares were recorded at $376.89 each for a total value of $21,860. The PSU award carries a $0 acquisition price on the Form 4 because it is a compensation grant, not a market purchase.
Key Details
- Transaction types: A = Award/Grant (1,884 PSUs on 2026-02-04); F = Tax withholding (58 shares on 2026-02-05).
- Prices/values: PSUs reported at $0 acquisition price; 58 shares withheld @ $376.89 = $21,860.
- PSU specifics: These are performance-based RSUs originally granted Feb 8, 2023; the Compensation Committee certified performance achievement on Feb 4, 2026. The PSUs will vest in full upon satisfaction of the service vesting requirement on March 1, 2026 and convert 1:1 into common shares upon vesting. (Footnote F1)
- Tax withholding: The 58-share disposition represents shares withheld to satisfy tax withholding on vested/settled RSUs (routine withholding, not an open-market sale). (Footnote F2)
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Filing timeliness: Report filed Feb 6, 2026 — appears timely (Form 4 filing window).
Context
- This filing reports a compensation award (PSUs) and routine tax-withholding. Awards and withheld shares for taxes are common insider filings and do not indicate an open-market sale or purchase decision.
- The PSUs are performance-contingent and will only convert to actual shares when the service-based vesting condition is satisfied (expected Mar 1, 2026).