Melhem Elie 4

What Happened Melhem Elie, President — APAC, Middle East & Africa for Watts Water Technologies (WTS), sold 372 shares of WTS Class A common stock on March 19, 2026. The shares were disposed at $292.13 per share, for a total transaction value of $108,672. This was a sale (not a purchase) and was executed pursuant to a pre-established trading plan.

Key Details

• Transaction date: 2026-03-19
• Transaction type/code: Open market/private sale (S)
• Price per share: $292.13
• Shares sold: 372
• Total value: $108,672
• Shares owned after transaction: Not specified in the provided filing
• Footnote: Sale effected under a Rule 10b5-1 trading plan adopted September 10, 2025
• Filing timeliness: Reported on the same date as the transaction (no late filing indicated)

Context A Rule 10b5-1 plan allows insiders to set up pre-arranged trades in advance, which helps insulate those trades from accusations of trading on inside information. Such planned sales are common and generally viewed as routine rather than a direct signal about the company’s prospects. Purchases tend to carry more weight for interpreting insider sentiment than routine sales.