Watts Water (WTS) Director David Dunbar Receives Stock Award

What Happened David A. Dunbar, a director of Watts Water Technologies, received an award of 456 shares on 2026-08-03 (reported on Form 4 filed 2026-08-04). The Form 4 shows an acquisition price of $0.00 (award). Per the company footnote, the award is the annual non-employee director stock grant sized at $160,000 divided by the closing stock price on the grant date, which implies the grant’s approximate value is $160,000.

Key Details

• Transaction type: Award/Grant (code A) on 2026-08-03; Form 4 filed 2026-08-04 (timely).
• Shares granted: 456; reported acquisition price: $0.00 (award).
• Implied grant value: ~$160,000 (company determines shares by dividing $160,000 by the closing price on grant date).
• Shares owned after transaction: Not disclosed in this filing.
• Footnotes: F1 explains the annual director grant formula; F2 states the shares are held in a trust for the Reporting Person’s children, with the Reporting Person’s spouse as co-trustee.

Context This is a routine director compensation award rather than a market purchase or sale. Such awards are common for non-employee directors and are primarily compensation, so they shouldn’t be interpreted on their own as a buy/sell signal.