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Waters (WAT) CEO Udit Batra has 3,417 shares withheld for taxes

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

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.
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*
Batra Udit

(Last) (First) (Middle)
34 MAPLE STREET

(Street)
MILFORD MA 01757

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
WATERS CORP /DE/ [ WAT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
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 03/02/2026 F 3,417(1) D $307.23 33,140 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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.
/s/ Michael Lynn, attorney-in-fact for Udit Batra 03/03/2026
** 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.

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.

How many Waters (WAT) shares were involved in Udit Batra’s tax-withholding transaction?

The transaction involved 3,417 shares of Waters common stock. These shares were withheld by the issuer to cover tax liabilities when performance stock units vested, instead of being voluntarily sold in the market.

At what price were the withheld Waters (WAT) shares valued in Udit Batra’s Form 4?

The withheld shares were valued at $307.23 per share. This price is used in the Form 4 to calculate the value of the 3,417 shares the issuer retained to satisfy tax withholding obligations.

Did Udit Batra sell Waters (WAT) shares in the open market in this filing?

No, the Form 4 does not show an open-market sale. Instead, 3,417 shares were withheld by Waters Corporation to pay tax withholding obligations related to the vesting and settlement of performance stock units.

How many Waters (WAT) shares does Udit Batra own after this Form 4 transaction?

After the tax-withholding disposition, Udit Batra directly owns 33,140 shares of Waters common stock. This figure reflects his direct holdings following the issuer’s retention of shares to cover tax obligations.

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.
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30.14B
97.85M
Diagnostics & Research
Laboratory Analytical Instruments
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United States
MILFORD