WTS Director Merilee Raines Receives 456-Share Award

What Happened Merilee Raines, a non-employee director of Watts Water Technologies (WTS), received an award of 456 shares on August 3, 2026. The Form 4 reports the shares as acquired at $0.00 (transaction code A — award/grant). Per the filing footnote, the grant is the annual director stock award and the number of shares was set by dividing $160,000 by the closing stock price on the grant date, implying the award is worth approximately $160,000.

Key Details

• Transaction date: 2026-08-03; Filing date: 2026-08-04 (timely).
• Reported transaction: 456 shares acquired; reported price $0.00 (award/grant, code A).
• Footnote: Annual non-employee director grant; share count = $160,000 ÷ closing price on grant date.
• Shares owned after transaction: not disclosed in the provided filing.
• No indication of a 10b5-1 plan, tax withholding, or sale of shares in this filing.

Context This was a routine equity compensation award to a board director rather than an open-market purchase or sale. Such grants are common as director compensation and do not, by themselves, indicate a buying or selling signal from the insider.