Melhem Elie 4

What Happened

• Melhem Elie, President — APAC, Middle East & Africa for Watts Water Technologies (WTS), had performance stock units vest on Feb 9, 2026. He was issued 2,993 shares (recorded as acquired at $0.00 because these were vested awards).
• To satisfy tax withholding on the vesting event, 736 of those shares were disposed (sell-to-cover) at $319.76 per share, generating proceeds of $235,343. This disposition was required by the terms of the grant agreement and is not a discretionary open-market sale.

Key Details

• Transaction date: 2026-02-09; Form 4 filed: 2026-02-11 (filed within typical 2-business-day reporting window).
• Awarded/Acquired: 2,993 shares (performance stock units vesting) at $0.00 per share.
• Disposed (tax withholding): 736 shares at $319.76 per share; proceeds reported as $235,343.
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnotes: F1 confirms shares were issued upon vesting of PSUs granted March 13, 2023. F2 notes the 736-share disposition was to cover tax withholding and was required by the grant agreement (non-discretionary).

Context

• This was a vesting of performance stock units, not an open-market buy or a voluntary sale. The partial disposal is a standard sell-to-cover to meet tax obligations and should not be interpreted as a personal investment decision to reduce ownership.