Roque Vitor 4

What Happened
Roque Vitor, Chief Financial Officer of Augusta SpinCo, disposed of 1,162 shares of Augusta SpinCo common stock on Feb 9, 2026. Those shares were (1) received earlier that day in a pro rata distribution by Becton, Dickinson and Company for no consideration, and (2) immediately disposed of by merger pursuant to the parties’ Agreement and Plan of Merger. Each Augusta SpinCo share was exchanged for 0.135343148384084 shares of Waters Corporation common stock. That conversion yielded approximately 157.27 shares of Waters common stock, valued at about $51,606 based on Waters’ closing price of $328.14 on Feb 9, 2026. The Form 4 lists the disposition as to the issuer (no cash sale price reported).

Key Details

• Transaction date: February 9, 2026 (reported on Form 4 filed Feb 11, 2026) — appears timely.
• Reported disposition: 1,162 Augusta SpinCo shares (code D — disposition to issuer via merger).
• Conversion ratio: 0.135343148384084 Waters shares per Augusta SpinCo share → ~157.27 Waters shares.
• Estimated value based on Waters close ($328.14): ~ $51,606.
• Footnote F1: The 1,162 Augusta shares were received in a pro rata distribution by Becton, Dickinson & Co. for no consideration (exempt under Rules 16a‑9 and 16b‑3).
• Footnote F2: Immediately thereafter, those shares were disposed of by merger and converted into Waters common stock per the merger agreement.

Context
This was not an open‑market sale but a corporate transaction (distribution + merger conversion). Such dispositions reflect structural corporate actions (spin/distribution and merger exchange) rather than an executive-initiated cash sale or purchase and should not be read as a direct signal of insider sentiment about the stock.