Watts Water (WTS) Director Kenneth Napolitano Receives Award

What Happened
Kenneth Napolitano, a director of Watts Water Technologies, received a grant of 456 shares on August 3, 2026. The Form 4 reports an acquisition (code A) at $0.00 per share (total reported $0). A footnote states the award represents the director’s annual grant equal to $160,000 divided by the closing stock price on the grant date, so the economic value of the award is approximately $160,000 based on that formula.

Key Details

• Transaction date: 2026-08-03; filing date (Accession): 2026-08-04 (timely filing).
• Reported acquisition: 456 shares at $0.00 (Form 4 reports $0 total); award determined as $160,000 / closing price per footnote.
• Shares owned after transaction: not specified in this filing.
• Footnote: annual non‑employee director stock award granted at the first quarterly board meeting after the annual meeting; share count set by dividing $160,000 by the closing price on the grant date.
• No 10b5-1 plan, tax withholding, or late-filing indication noted.

Context
This is a routine director compensation award (common for non‑employee directors) rather than an open‑market purchase or sale. Such awards compensate service and do not by themselves indicate the director’s trading sentiment.