Barry Monica 4

What Happened

• Monica Barry, Chief Human Resources Officer of Watts Water Technologies (WTS), received a grant of 810 deferred shares on 2026-03-13 (recorded as an award at $0). Concurrently, 168 shares were disposed (sold/withheld) at $297.80 per share to satisfy tax withholding obligations, generating $50,030 in proceeds. The disposition was a sell-to-cover for taxes and not an open-market, discretionary sale.

Key Details

• Transaction date: 2026-03-13; Form 4 filed 2026-03-17 (timely filing).
• Award: 810 shares granted (code A) at $0.00 (deferred stock).
• Tax withholding/disposition: 168 shares disposed (code F) at $297.80 each, total $50,030.
• Vesting: The award consists of deferred stock that vests in three equal annual installments beginning on the first anniversary of the grant (footnote F1).
• Reason for disposition: Shares were surrendered/ disposed to cover tax withholding upon vesting as required by the grant agreement; this was not a discretionary sale (footnote F2).
• Shares owned after transaction: Not disclosed in the filing.

Context

• This was a standard grant + sell-to-cover tax-withholding event: the company granted deferred shares and the company (or broker) withheld/sold some shares to meet tax obligations. Such transactions are routine administrative acts tied to compensation vesting and do not necessarily signal insider buying or selling intent. Purchases or open-market sales are generally more informative about an insider’s market view.