Were the recent WTS insider share dispositions discretionary trades?

No, the reported WTS insider share dispositions were not discretionary trades. Footnotes state the shares were mandatorily withheld to satisfy tax obligations upon vesting of deferred stock awards and RSUs under company plans, as required by the relevant grant and plan terms.

What equity awards triggered the WTS tax-withholding share dispositions?

The tax-withholding share dispositions relate to deferred stock awards granted on March 14, 2024 and March 14, 2025, plus RSUs purchased March 15, 2023 under Watts Water’s Management Stock Purchase Plan. Shares were withheld when these awards vested to cover associated tax liabilities.

Tax share withholdings for Watts Water (NYSE: WTS) general counsel

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Watts Water Technologies’ general counsel, Kenneth Robert Lepage, reported tax-withholding dispositions totaling 1,402 shares of Class A Common Stock on March 16, 2026, at $297.80 per share. These transactions were coded "F" and are described as payments of tax liabilities by delivering shares.

Footnotes explain the shares were withheld to cover taxes on the vesting of deferred stock awards granted on March 14, 2024 and March 14, 2025, and on restricted stock units purchased under the Management Stock Purchase Plan on March 15, 2023. The withholding is mandated by the grant and plan terms and is not a discretionary transaction. After these entries, Lepage holds 11,875 shares directly.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Lepage Kenneth Robert

Role General Counsel

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	268	$297.80	$80K
Tax Withholding	Class A Common Stock	273	$297.80	$81K
Tax Withholding	Class A Common Stock	861	$297.80	$256K

Holdings After Transaction: Class A Common Stock — 13,009 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.

Form 4 Insider Transactions: What Each Field Means →

03/18/2026 - 03:06 PM

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
Estimated average burden
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^*

Lepage Kenneth Robert

(Last)

(First)

(Middle)

815 CHESTNUT STREET

(Street)

NORTH ANDOVER

MASSACHUSETTS

01845

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
WATTS WATER TECHNOLOGIES INC [ WTS ]

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

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	General Counsel

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	03/16/2026		F		268⁽¹⁾	D	$297.8	13,009	D
Class A Common Stock	03/16/2026		F		273⁽²⁾	D	$297.8	12,736	D
Class A Common Stock	03/16/2026		F		861⁽³⁾	D	$297.8	11,875	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

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.

2. 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.

3. 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.

	/s/ Nicholas A. Denice, Attorney-in-Fact	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Watts Water (WTS) report for Kenneth Robert Lepage?

Watts Water reported that general counsel Kenneth Robert Lepage had 1,402 Class A Common shares withheld on March 16, 2026, at $297.80 per share. These were tax-withholding dispositions tied to vesting equity awards, not open-market purchases or sales.

How many Watts Water (WTS) shares were withheld for Kenneth Lepage’s taxes?

A total of 1,402 Watts Water Class A Common shares were withheld for Kenneth Lepage’s tax obligations. The filing shows three separate F-code transactions at $297.80 per share, all designated as tax-withholding dispositions rather than voluntary sales.

How many Watts Water (WTS) shares does Kenneth Lepage hold after these transactions?

After the reported tax-withholding transactions, Kenneth Lepage directly holds 11,875 Watts Water Class A Common shares. This figure comes from the post-transaction ownership line on the final F-code entry in the Form 4, reflecting his remaining direct equity stake.

Do the WTS insider tax-withholding transactions involve any derivative securities?

No derivative securities are shown as part of these specific transactions. All three entries involve non-derivative Class A Common Stock with F-code tax-withholding dispositions, and the derivative position summary in the data is empty for this filing.