Halloran Virginia A 4

What Happened

• Virginia A. Halloran, Chief Accounting Officer of Watts Water Technologies (WTS), received two types of stock awards on March 13, 2026: 251 deferred shares (no cash price) and 250 restricted stock units acquired at $238.24 each for a total of $59,560. On the same date 42 shares were surrendered/withheld (disposed) to cover tax withholding obligations related to a prior award (proceeds value shown as $12,508). Net change on the date: +459 shares (501 granted/acquired minus 42 withheld).

Key Details

• Transaction date: 2026-03-13; Form 4 filed: 2026-03-17 (timely).
• Grants/acquisitions recorded:
  • 251 shares (A) at $0.00 — deferred stock (footnote F1).
  • 250 shares (A) at $238.24 — restricted stock units purchased for $59,560 (footnote F2).
• Disposition (F): 42 shares at $297.80 = $12,508, used to cover tax withholding on a vested deferred award (footnote F3); required by grant terms and not a discretionary sale.
• Footnotes of note:
  • F1: Deferred stock vests in three equal annual installments starting one year after grant.
  • F2: RSUs bought under the Management Stock Purchase Plan at a 20% discount using part of the reporting person’s pre-tax 2025 bonus; vest in three equal annual installments beginning one year after grant.
  • F3: Tax-withholding sale relates to a March 13, 2023 award vesting and is mandatory per the grant agreement.
• Shares owned after the transactions are not disclosed in the provided excerpt.
• Remark indicates a power of attorney filing (powerofattorneyhalloran.txt).

Context

• These entries are award/grant events (code A) plus a tax-withholding disposition (code F). The RSU purchase at a discount is a purchase-like acquisition and is often viewed as a constructive purchase rather than an open-market buy. The 42-share disposition was for tax withholding and does not reflect a discretionary sell decision by the insider.