McClintock Diane M 4/A
Research Summary
AI-generated summary
Watts Water (WTS) CFO Diane McClintock Receives 642-Share Award
What Happened Diane M. McClintock, Chief Financial Officer of Watts Water Technologies, acquired 642 restricted stock units/shares on March 13, 2026 (transaction coded as an Award/Acquisition). The units were priced at $238.24 each, for a total cost of $152,950. This was an acquisition (purchase) rather than a sale.
Key Details
- Transaction date: March 13, 2026; Form 4 filed and subsequently amended on March 17, 2026.
- Price and value: 642 shares at $238.24 per share = $152,950.
- Transaction type: A (award/grant/acquisition via Management Stock Purchase Plan).
- Shares owned after the transaction: not disclosed in the information provided in this summary.
- Amendment note: The Form 4 was amended to correct the number of shares acquired — the original filing incorrectly reported 481 shares; the correct amount is 642 (Footnote F1).
- Footnote summary (F2): The shares are restricted stock units purchased under the issuer’s Management Stock Purchase Plan at a 20% discount to the March 13 closing price, bought using part of the reporting person's pre-tax 2025 performance bonus; the RSUs vest in three equal annual installments beginning one year after the grant.
Context This filing documents a purchase of company stock by a named executive using a company plan, which investors often view as a more informative signal than routine sales. The award is subject to multi-year vesting, so the shares are not immediately free of restrictions. The filing was amended to correct the share count; there is no indication here that the report was untimely.