Dunbar David A. 4
Research Summary
AI-generated summary
Watts Water (WTS) Director David Dunbar Gifts 9,800 Shares
What Happened
David A. Dunbar, a director of Watts Water Technologies, reported a gift (Form 4, code G) of 9,800 common shares on 2026-03-11. The filing shows a price of $0 and total proceeds of $0 — this was a disposition by gift, not a sale or purchase.
Key Details
- Transaction date: 2026-03-11
- Transaction type/code: Gift (G); 9,800 shares disposed; price $0; proceeds $0
- Filing date: 2026-03-12 (filed the next day — within the Form 4 reporting window)
- Shares owned after transaction: Not specified in the provided filing
- Footnote: F1 — shares were gifted to an irrevocable trust for the benefit of the reporting person’s children
Context
Gifts do not necessarily reflect the insider’s view on the company’s stock price; they are often used for estate planning or to transfer assets to family. The $0 value reflects a non-sale transfer; reporting is required even when no cash changes hands.