WATTS WATER TECHNOLOGIES INC·4

Mar 18, 3:06 PM ET

Barry Monica 4

Research Summary

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Watts Water (WTS) Chief HR Officer Barry Monica Sells Shares

What Happened Barry Monica, Chief Human Resources Officer at Watts Water Technologies (WTS), had 334 shares disposed on March 16, 2026 to cover tax withholding tied to vested deferred stock awards. The filings show two withholding transactions of 167 shares each at $297.80 per share (each ~$49,733), for a combined value of approximately $99,466. These were disposals to satisfy tax obligations (transaction code F), not discretionary open-market sales.

Key Details

  • Transaction date: March 16, 2026; filing date: March 18, 2026 (filed within two days).
  • Price: $297.80 per share.
  • Shares disposed: 167 + 167 = 334 shares; total proceeds withheld ≈ $99,466.
  • Shares owned after the transactions: not specified in the provided filing summary.
  • Footnotes: F1 = shares withheld for taxes on a deferred award granted March 14, 2024; F2 = shares withheld for taxes on a deferred award granted March 14, 2025. The withholdings were required by the grant agreements and are not discretionary transactions.

Context These transactions are routine tax-withholding (cashless) dispositions that occur when deferred stock awards vest and are not an insider-initiated sale for investment reasons. Such withholdings are common and do not necessarily signal management sentiment about the company.