Watts Water (WTS) Director Joseph Noonan Sells 3,650 Shares

What Happened
Joseph T. Noonan, a director of Watts Water Technologies, sold a total of 3,650 shares in open-market transactions on September 1, 2026, generating gross proceeds of approximately $1,291,076. The sales were reported as three transactions: 918 shares at a weighted avg price of $352.62 (proceeds $323,705), 1,266 shares at $354.62 (proceeds $448,949), and 1,466 shares at $353.63 (proceeds $518,422). These were outright sales (code S) — typically routine dispositions rather than purchases.

Key Details

• Transaction date: 2026-09-01; Form filed: 2026-09-02 (timely filing).
• Individual transactions and reported values:
  • 918 shares @ $352.62 = $323,705 (weighted avg; prices ranged $352.22–$352.85) [F1]
  • 1,266 shares @ $354.62 = $448,949 (weighted avg; prices ranged $354.50–$354.84) [F3]
  • 1,466 shares @ $353.63 = $518,422 (weighted avg; prices ranged $353.30–$354.00) [F4]
• Total shares sold: 3,650; total proceeds: ~$1.291M.
• Shares owned after the transaction: Not specified in this filing.
• Notable footnote: Some shares are held in a trust for the benefit of Tiffany Horne Noonan (the reporting person’s spouse); she is co-trustee [F2]. The reported prices are weighted averages from multiple executions; full per-price breakdowns are available upon request [F1,F3,F4].

Context

• These were open-market sales (code S), which are common for insiders for reasons such as diversification or tax planning; this filing alone does not indicate company-specific insight.
• No derivatives, option exercises, gifts, or tax-withholding transactions were reported in this Form 4.