Knight Heather 4

What Happened
Heather Knight, a director of Waters Corporation (WAT), was granted 68.44 common stock units on 2026-03-31. The units were issued at $0.00 (no cash purchase) as an award/compensation under the company's plan and are recorded as an acquisition (code A) on the Form 4. This is a non-cash director compensation award rather than a market purchase.

Key Details

• Transaction date: 2026-03-31; Form 4 filed: 2026-04-02 (no late filing flag indicated).
• Instrument: 68.44 common stock units granted at $0.00 (total cash paid $0).
• Shares owned after transaction: not specified in the filing.
• Footnote: Units were received in lieu of cash director fees under the Issuer's 1996 Non-Employee Director Deferred Compensation Plan; units convert one-for-one into common shares upon distribution, which will occur January 1, 2027 per the reporting person's prior election.
• Transaction code: A (award/grant/acquisition).

Context
These common stock units are deferred compensation for a director and will convert to actual shares on the distribution date; such grants are routine for non-employee directors and do not indicate an active market buy or sell. The grant’s monetary value at issuance is recorded as $0 because it’s a unit award under the plan; the economic value will materialize when units convert to shares and/or are sold later.