Barry Monica 4

What Happened

• Monica Barry, Chief Human Resources Officer at Watts Water Technologies (WTS), had 1,633 shares issued to her on 2026-02-09 due to the vesting of performance stock units (reported as an award/acquisition at $0.00). On the same date, 771 of those shares were disposed at $319.76 per share to satisfy tax withholding obligations, generating proceeds of $246,535.
• This was an equity award vesting event with a routine tax-withholding disposition, not an open-market sale initiated as a discretionary investment decision.

Key Details

• Transaction date: 2026-02-09; Form 4 filed 2026-02-11 (appears timely).
• Award (code A): 1,633 shares issued at $0.00 (vesting of PSUs granted 2023-03-13).
• Tax withholding (code F): 771 shares disposed at $319.76 each = $246,535, to cover taxes required by the grant agreement.
• Shares owned after the transaction: not specified in the provided filing.
• Footnotes: F1 confirms shares came from PSU vesting (grant date 3/13/2023). F2 states the share disposition was required for tax withholding and was not discretionary.

Context

• This was a vesting of performance stock units (conversion of PSUs into shares). The partial disposition was a standard, non-discretionary tax-withholding action (commonly called a “sell-to-cover” or share surrender), which does not necessarily indicate the insider’s market view.
• For retail investors, award vesting events are routine compensation occurrences; purchases by insiders are often more informative about sentiment than required tax withholdings.