Watsco (WSO) CEO updates indirect and Class B share holdings in Form 4

Rhea-AI Filing Summary

Watsco Inc. Chairman and CEO Albert H. Nahmad reported an other-type restructuring transaction involving 25 shares of common stock at $336.95 per share, held indirectly through the company’s Profit Sharing Retirement Plan and Trust, leaving 92 common shares indirectly held in that plan.

The filing also updates his Class B common stock positions, showing direct ownership of 160,385 shares and indirect holdings of 440,000; 902,006; 2,577,411; and 206,976 shares through limited partnerships and various trusts he effectively controls. The Class B shares are convertible into common stock on a one-for-one basis with no expiration date.

Insider Trade Summary

6 transactions reported

Mixed 6 txns

Insider NAHMAD ALBERT H

Role Chairman and CEO

Type	Security	Shares	Price	Value
Other	Common stock	25	$336.95	$8K
holding	Class B Common stock	--	--	--
holding	Class B Common stock	--	--	--
holding	Class B Common stock	--	--	--
holding	Class B Common stock	--	--	--
holding	Class B Common stock	--	--	--

Holdings After Transaction: Common stock — 92 shares (Indirect, See footnote); Class B Common stock — 440,000 shares (Indirect, See footnote); Class B Common stock — 160,385 shares (Direct)

Footnotes (1)

1. Ownership in Watsco, Inc. Profit Sharing Retirement Plan and Trust. The Class B Common Stock is convertible into Common Stock at any time on a one-for-one basis and has no expiration date. Reflects shares held by Albert Henry Capital L.P., a limited partnership over which Mr. Nahmad maintains effective control, which are subject to vesting restrictions. Reflects shares held by My Pal Al, L.P., a limited partnership over which Mr. Nahmad maintains effective control, which are subject to vesting restrictions. Reflects shares held by Gramps G-MA, L.P, a limited partnership over which Mr. Nahmad maintains effective control, which are subject to vesting restrictions. Includes 9,630 shares acquired on January 30, 2026 under the Watsco Inc. Dividend Reinvestment Plan. Reflects shares held by various trusts over which Mr. Nahmad maintains effective control. Reflects shares owned by Colon Boy LP, a limited partnership, over which Mr. Nahmad maintains effective control.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

NAHMAD ALBERT H

(Last) (First) (Middle)

2665 S. BAYSHORE DRIVE

SUITE 901

(Street)

MIAMI FL 33133

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
WATSCO INC [ WSO; WSOB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman and CEO

3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common stock	03/11/2026		J		25	A	$336.95	92	I	See footnote(1)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class B Common stock	(2)							(2)	(2)	Class B Common stock	440,000		440,000	I	See footnote(3)
Class B Common stock	(2)							(2)	(2)	Class B Common stock	902,006		902,006	I	See footnote(4)
Class B Common stock	(2)							(2)	(2)	Class B Common stock	160,385		160,385	D(5)
Class B Common stock	(2)							(2)	(2)	Class B Common stock	2,577,411		2,577,411(6)	I	See footnote(7)
Class B Common stock	(2)							(2)	(2)	Class B Common stock	206,976		206,976	I	See footnote(8)

Explanation of Responses:

1. Ownership in Watsco, Inc. Profit Sharing Retirement Plan and Trust.

2. The Class B Common Stock is convertible into Common Stock at any time on a one-for-one basis and has no expiration date.

3. Reflects shares held by Albert Henry Capital L.P., a limited partnership over which Mr. Nahmad maintains effective control, which are subject to vesting restrictions.

4. Reflects shares held by My Pal Al, L.P., a limited partnership over which Mr. Nahmad maintains effective control, which are subject to vesting restrictions.

5. Reflects shares held by Gramps G-MA, L.P, a limited partnership over which Mr. Nahmad maintains effective control, which are subject to vesting restrictions.

6. Includes 9,630 shares acquired on January 30, 2026 under the Watsco Inc. Dividend Reinvestment Plan.

7. Reflects shares held by various trusts over which Mr. Nahmad maintains effective control.

8. Reflects shares owned by Colon Boy LP, a limited partnership, over which Mr. Nahmad maintains effective control.

	/s/ Albert H. Nahmad	03/13/2026
	** Signature of Reporting Person	Date
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FAQ

What insider transaction did Watsco (WSO) report for Albert H. Nahmad?

Watsco reported that Chairman and CEO Albert H. Nahmad recorded an other-type restructuring transaction involving 25 shares of common stock at $336.95 per share. These shares are held indirectly through the Watsco, Inc. Profit Sharing Retirement Plan and Trust, with 92 common shares remaining in that plan afterward.

Does the latest Watsco (WSO) Form 4 show open-market buying or selling?

The Form 4 does not show any open-market buys or sells by Albert H. Nahmad. It records an other-type restructuring transaction coded “J” and several updated holding entries, which reflect indirect and direct positions rather than discretionary purchases or sales in the market.

How many Watsco Class B shares does Albert H. Nahmad hold after this filing?

After this filing, Albert H. Nahmad is shown with 160,385 Class B common shares held directly and additional indirect Class B holdings of 440,000; 902,006; 2,577,411; and 206,976 shares. Many of these indirect positions are through limited partnerships and trusts he effectively controls.

Can Watsco (WSO) Class B common stock held by Nahmad be converted to common stock?

Yes. The footnotes state that Watsco’s Class B common stock is convertible into common stock at any time on a one-for-one basis. The Class B shares have no expiration date, meaning this conversion right remains available indefinitely under the terms described.

What entities hold Watsco shares associated with Albert H. Nahmad?

Several entities hold shares associated with Albert H. Nahmad, including Albert Henry Capital L.P., My Pal Al, L.P., Gramps G-MA, L.P., Colon Boy LP, various trusts he effectively controls, and the Watsco, Inc. Profit Sharing Retirement Plan and Trust, as described in the filing’s footnotes.

Were any Watsco shares recently acquired through a dividend reinvestment plan?

Yes. A footnote explains that 9,630 shares were acquired on January 30, 2026 under the Watsco Inc. Dividend Reinvestment Plan. These shares are included within the reported holdings associated with Albert H. Nahmad in the current Form 4 filing.