Pagano Robert J Jr 4

What Happened
Robert J. Pagano Jr., President and CEO of Watts Water Technologies (WTS), disposed of 16,066 shares in multiple open-market sales on February 19, 2026, for aggregate proceeds of approximately $5,258,486. The filing reports several lots with weighted-average prices; individual reported lines and proceeds were: 78 shares ($25,760), 81 shares ($26,699), 1,994 shares ($655,129), 2,834 shares ($923,176), 3,348 shares ($1,094,428), and 7,731 shares ($2,533,294). These were sales (dispositions), not purchases.

Key Details

• Transaction date: February 19, 2026; Form 4 filed February 20, 2026 (timely filing).
• Nature: Open-market sales (Transaction code S).
• Lots reported (shares @ reported weighted-average price / proceeds):
  • 78 shares — $330.26 — $25,760
  • 81 shares — $329.62 — $26,699
  • 1,994 shares — $328.55 — $655,129
  • 2,834 shares — $325.75 — $923,176
  • 3,348 shares — $326.89 — $1,094,428
  • 7,731 shares — $327.68 — $2,533,294
• Footnotes: Prices shown are weighted averages; filing lists multiple transaction price ranges: F1 329.20–329.97, F2 328.20–329.18, F3 325.14–326.12, F4 326.21–327.20, F5 327.20–328.18. The reporting person offers to provide a full breakdown of the number of shares sold at each separate price on request.
• Shares owned after transaction: Not disclosed in the supplied filing excerpt.

Context

• This was a sale of existing holdings (not an option exercise or award). Sales by executives can reflect various personal or tax-planning reasons and do not, by themselves, prove a change in company fundamentals. Retail investors often view purchases as a stronger signal of insider confidence than routine sales.