NAHMAD ALBERT H 4

What Happened
Albert H. Nahmad, Chairman, CEO and a director of Watsco, acquired 25 shares of Watsco common stock on March 11, 2026 at $336.95 per share, for a total reported value of $8,424. The Form 4 reports the transaction as code "J" (other acquisition or disposition).

Key Details

• Transaction date: 2026-03-11; filing date: 2026-03-13 (filed within the typical two-business-day window).
• Price and amount: 25 shares at $336.95 each; total value $8,424.
• Transaction code: J — reported as an "other acquisition or disposition" on the Form 4.
• Shares owned after transaction: not specified in this filing.
• Filing does not state a 10b5-1 plan or indicate this was a sale following an option exercise.

Context

• Several footnotes in the filing indicate Mr. Nahmad’s holdings include interests held in the Watsco Profit Sharing Retirement Plan and multiple limited partnerships and trusts (see footnotes F1–F8). Notably, Class B common stock held by insiders is convertible to common stock one-for-one with no expiration (F2). Some partnership/trust holdings are subject to vesting restrictions (F3–F5).
• This was a small purchase in dollar terms ($8.4k). Small insider purchases can be routine (e.g., plan purchases, reinvestments) and do not by themselves indicate a change in company outlook.