Waters (WAT) CEO Udit Batra has 3,417 shares withheld for taxes
Rhea-AI Filing Summary
Waters Corporation President and CEO Udit Batra reported an automatic share disposition related to tax withholding. On this Form 4, 3,417 shares of common stock were withheld by the company at a price of $307.23 per share to cover tax obligations tied to vesting performance stock units.
These shares were not sold in an open-market transaction but were retained by the issuer to satisfy withholding requirements. After this tax-withholding disposition, Batra directly owned 33,140 shares of Waters common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,417 shares
Net Sell
1 txn
Insider
Batra Udit
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,417 | $307.23 | $1.05M |
Holdings After Transaction:
Common Stock — 33,140 shares (Direct)
Footnotes (1)
- F1. Represents shares of common stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of previously reported performance stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Waters (WAT) CEO Udit Batra report on this Form 4?
Udit Batra reported a tax-related share disposition. The company withheld 3,417 shares of common stock to satisfy tax obligations arising from the vesting of previously reported performance stock units, rather than an open-market sale.
What does transaction code "F" mean in Udit Batra’s Waters (WAT) Form 4?
Transaction code "F" indicates shares were used to pay an exercise price or tax liability. In this case, 3,417 shares were withheld by Waters Corporation to satisfy tax withholding obligations tied to vested performance stock units.