4Filed Aug 3, 8:00 PM ET

WTS Director Joseph Reitmeier Receives 456-Share Award

$WTS · WATTS WATER TECHNOLOGIES INC

Research Summary

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WTS Director Joseph Reitmeier Receives 456-Share Award

What Happened
Joseph William Reitmeier, a non-employee director of Watts Water Technologies, received a grant of 456 shares on 2026-08-03. The Form 4 reports the acquisition price as $0.00 (award/grant, transaction code A). The company notes the award represents the annual non-employee director grant determined by dividing $160,000 by the closing stock price on the grant date.

Key Details

  • Transaction date: 2026-08-03; filing date: 2026-08-04 (timely filing).
  • Transaction type/code: Award/Grant (A); acquisition price reported as $0.00.
  • Shares granted: 456. Total dollar value is set by company formula (~$160,000 worth of stock at the grant-date closing price per footnote).
  • Shares owned after transaction: Not disclosed in the filing.
  • Footnote: F1 — annual non-employee director award; number of shares = $160,000 ÷ closing price on grant date.
  • No sale or purchase (not a market buy or sale); this is compensation.

Context
Director stock awards are routine compensation and do not necessarily signal the director’s personal market view. The grant increases the director’s equity stake but involved no cash outlay by the insider.