Watts Water (NYSE: WTS) CFO uses 485 shares to satisfy tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Watts Water Technologies Chief Financial Officer Diane M. McClintock reported three Form 4 transactions in Class A Common Stock on March 16, 2026. In total, 485 shares were disposed at $297.80 per share to cover tax withholding obligations tied to prior equity awards.
The footnotes explain these dispositions were mandated by grant and plan terms for deferred stock awards granted on March 14, 2025 and March 14, 2024, and restricted stock units purchased under the issuer's Management Stock Purchase Plan on March 15, 2023. After these non-discretionary tax-withholding transactions, McClintock directly holds 7,896 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
McClintock Diane M
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 53 | $297.80 | $16K |
| Tax Withholding | Class A Common Stock | 69 | $297.80 | $21K |
| Tax Withholding | Class A Common Stock | 363 | $297.80 | $108K |
Holdings After Transaction:
Class A Common Stock — 8,328 shares (Direct)
Footnotes (1)
- Represents shares disposed to cover taxes upon the vesting of a deferred stock award granted to the Reporting Person on March 14, 2025. The disposition of shares to cover tax withholding obligations is required by the terms of the Reporting Person's grant agreement and does not represent a discretionary transaction by the Reporting Person. Represents shares disposed to cover taxes upon the vesting of a deferred stock award granted to the Reporting Person on March 14, 2024. The disposition of shares to cover tax withholding obligations is required by the terms of the Reporting Person's grant agreement and does not represent a discretionary transaction by the Reporting Person. Represents the number of shares required to be withheld to cover tax withholding obligations in connection with the vesting of restricted stock units (RSUs) purchased by the Reporting Person under the Issuer's Management Stock Purchase Plan (MSPP) on March 15, 2023. The Reporting Person previously reported the total number of shares subject to vesting of the RSUs in Table I of a Form 4 filed in connection with the original purchase of the RSUs. The withholding of shares to cover tax withholding obligations is mandated by the terms of the Issuer's MSPP and does not represent a discretionary transaction by the Reporting Person.
FAQ
What insider transaction did Watts Water (WTS) CFO Diane McClintock report?
Diane McClintock reported three Form 4 transactions disposing a total of 485 Class A shares at $297.80 per share. These were non-discretionary tax-withholding dispositions related to vesting of prior stock awards and restricted stock units.