Bennett Jianqing 4

What Happened

• Bennett Jianqing, SVP of the TA Instruments Division at Waters Corporation, was credited with 1,385 performance-based restricted stock units (PSUs) on Feb 4, 2026 (reported as an award at $0.00). Following certification of the performance condition, 43 shares were withheld on Feb 5, 2026 to satisfy tax withholding obligations, valued at $376.89 per share (total ~$16,206).

Key Details

• Transaction dates and amounts:
  • 2026-02-04: Award/acquisition of 1,385 PSUs (code A) at $0.00.
  • 2026-02-05: 43 shares withheld (code F) at $376.89 each; total value ~$16,206, to cover tax liability.
• Shares owned after transaction: not specified in the provided filing.
• Footnotes:
  • F1: The 1,385 PSUs were originally granted Feb 8, 2023, are performance- and service-based, had their performance achievement certified Feb 4, 2026, and will vest in full upon satisfaction of the service requirement on March 1, 2026. PSUs convert 1:1 into common shares upon vesting/settlement.
  • F2: The 43 shares represent shares withheld by the issuer to satisfy tax withholding obligations in connection with vesting/settlement of previously reported RSUs.
• Filing timeliness: Report filed Feb 6, 2026 (covers events Feb 4–5); appears timely under the Form 4 two-business-day filing rule.

Context

• This was not an open-market sale or purchase by the insider; the 1,385 units are performance awards that will convert to shares upon meeting service conditions. The 43-share disposition is a routine issuer withholding to cover taxes and does not reflect an active sale decision by the insider.