Batra Udit 4
Research Summary
AI-generated summary
Waters (WAT) CEO Udit Batra Withholds 3,417 Shares for Taxes
What Happened
- Udit Batra, President & CEO and Director of Waters Corp (WAT), had 3,417 shares withheld by the company on 2026-03-02 to satisfy tax withholding tied to the vesting and settlement of previously reported performance stock units. The shares were valued at $307.23 each for a total of $1,049,805.
- This was a tax-withholding disposition (not an open-market sale) and is routine when equity awards vest; it does not necessarily reflect a decision to sell additional shares in the market.
Key Details
- Transaction date: 2026-03-02; Filing date: 2026-03-03 (timely).
- Shares withheld/disposed: 3,417 at $307.23 per share; total value $1,049,805.
- Transaction code: F (shares withheld to satisfy tax withholding obligations).
- Footnote: F1 — shares withheld by the issuer to satisfy tax withholding for vested performance stock units.
- Shares owned after transaction: Not disclosed in the provided filing.
Context
- This was a cashless/tax-withholding settlement associated with vested performance stock units (PSUs), not a market sale. Such withholdings are common for fulfilling tax obligations when equity grants vest and are generally routine administrative transactions rather than directional insider trades.