McClintock Diane M 4

What Happened
Diane M. McClintock, Chief Financial Officer of Watts Water Technologies (WTS), received stock awards on March 13, 2026. The filing reports two acquisitions: 1,297 deferred shares (priced at $0.00) and 481 restricted stock units acquired at $238.24 each (total reported value $114,593). Separately, 64 shares were disposed (sold/surrendered) at $297.80 each to cover tax withholding obligations (proceeds reported $19,059). The award transactions are acquisitions (company compensation/plan activity), while the 64-share disposition was a mandatory tax-withholding action.

Key Details

• Transaction date: March 13, 2026; Form 4 filed March 17, 2026 (timely within the 2-business-day window).
• Grants/acquisitions:
  • 1,297 deferred shares @ $0.00 (F1) — vest in three equal annual installments beginning one year after grant.
  • 481 restricted stock units @ $238.24 each (total $114,593) (F2) — purchased under the Management Stock Purchase Plan at a 20% discount using part of her pre-tax 2025 performance bonus; vest in three equal annual installments starting one year after grant.
• Tax withholding: 64 shares disposed @ $297.80 each to cover taxes on a deferred award granted March 13, 2023 (F3); this was required by the award agreement and not a discretionary sale.
• Shares owned after the reported transactions are not specified in the Form 4.
• Filing remark: powerofattorneymcclintock.txt included.

Context
These transactions are company compensation and plan-related acquisitions rather than open-market purchases (a stronger bullish signal). The 481-share purchase reflects participation in a discounted employee purchase plan funded by a portion of Ms. McClintock’s performance bonus. The 64-share disposition was a routine tax-withholding requirement on prior vesting and does not indicate a voluntary sale.