Watsco Inc: chairman and CEO Albert H. Nahmad sold 314,576 shares

What happened

• The filing shows Albert H. Nahmad, chairman and CEO and a director, disposed of 314,576 shares on Oct 15, 2026. The transaction price was $287.50 per share, for a total of $90,440,600. The transaction is reported as code F (payment of exercise price or tax liability) and is listed as a derivative transaction.

Key details

• Transaction date and price: Oct 15, 2026 at $287.50 per share.
• Amount: 314,576 shares; total value reported $90,440,600.
• Filing date: Oct 19, 2026 (the filing reports the Oct 15, 2026 transaction).
• Shares owned after the transaction: not specified as a single total in the filing; holdings are reflected across accounts and entities described below.
• Relevant footnotes from the filing:
  • F1: Ownership in Watsco, Inc. Profit Sharing Retirement Plan and Trust.
  • F2: Class B common stock is convertible one-for-one into common stock with no expiration.
  • F3, F5: Shares held by Albert Henry Capital L.P. and Gramps G-MA, L.P., over which Mr. Nahmad maintains effective control, are subject to vesting restrictions.
  • F4: Shares held by My Pal Al, L.P.; of the post-transaction shares, 102,575 remain subject to vesting restrictions.
  • F6: Includes 9,202 and 9,842 shares acquired Apr 30, 2026 and Jul 31, 2026 under the dividend reinvestment plan.
  • F7: Shares held by various trusts over which Mr. Nahmad maintains effective control.
  • F8: Shares owned by Colon Boy LP, over which Mr. Nahmad maintains effective control.

Why it may matter

• The filing indicates a derivative transaction in which shares were disposed to satisfy exercise price or tax obligations (code F), i.e., shares were withheld or surrendered to cover tax/exercise obligations rather than a reported open-market cash purchase.
• The filing does not show why the insider traded or why the company acted.