Waters (NYSE: WAT) SVP Jianqing Bennett granted stock options and RSUs

Rhea-AI Filing Summary

Waters Corporation SVP Jianqing Bennett reported equity awards that increase his direct ownership. He received stock options for 4,826 shares at an exercise price of $0.0000 per share and a grant of 986 shares of common stock, both described as grant or award acquisitions.

The common stock grant represents restricted stock units that convert into one share of common stock each upon vesting and settlement. Both the RSUs and the stock options will vest in four equal annual installments, with the first installment scheduled to vest on February 25, 2027, contingent on his continued service with the company.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Bennett Jianqing

Role SVP Waters Adv. Diagnostics

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (Right to Buy)	4,826	$0.00	--
Grant/Award	Common Stock	986	$0.00	--

Holdings After Transaction: Stock Option (Right to Buy) — 4,826 shares (Direct); Common Stock — 7,244 shares (Direct)

Footnotes (1)

1. Represents restricted stock units ("RSUs"), which will vest in four equal annual installments, with the first such installment vesting on February 25, 2027, subject to the Reporting Person's continued service with the Issuer on each such vesting date. The RSUs are convertible into shares of the Issuer's common stock on a one-to-one basis upon vesting and settlement. The shares of common stock underlying this stock option will vest and become exercisable in four equal annual installments, with the first such installment vesting and becoming exercisable on February 25, 2027, subject to the Reporting Person's continued service with the Issuer on each such vesting date.

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
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^*

Bennett Jianqing

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP Waters Adv. Diagnostics

3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026

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	02/25/2026		A		986(1)	A	$0	7,244	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
Stock Option (Right to Buy)	$319.44	02/25/2026		A		4,826		(2)	02/25/2036	Common Stock	4,826	$0	4,826	D

Explanation of Responses:

1. Represents restricted stock units ("RSUs"), which will vest in four equal annual installments, with the first such installment vesting on February 25, 2027, subject to the Reporting Person's continued service with the Issuer on each such vesting date. The RSUs are convertible into shares of the Issuer's common stock on a one-to-one basis upon vesting and settlement.

2. The shares of common stock underlying this stock option will vest and become exercisable in four equal annual installments, with the first such installment vesting and becoming exercisable on February 25, 2027, subject to the Reporting Person's continued service with the Issuer on each such vesting date.

	/s/ Michael Lynn, attorney-in-fact for Jianqing Bennett	02/27/2026
	** 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 insider transactions did WAT executive Jianqing Bennett report on this Form 4?

Jianqing Bennett reported two equity award acquisitions: stock options for 4,826 shares and a grant of 986 shares of common stock. Both are classified as grants or awards, not open-market purchases or sales, and increase his direct ownership in Waters Corporation.

How many stock options did WAT SVP Jianqing Bennett receive?

He received a stock option grant for 4,826 shares of Waters common stock. The option will vest and become exercisable in four equal annual installments, beginning on February 25, 2027, subject to his continued service with the company on each vesting date.

What restricted stock or RSU grant did WAT insider Jianqing Bennett receive?

Bennett received a grant of 986 shares of common stock, described as restricted stock units. These RSUs vest in four equal annual installments starting February 25, 2027 and convert into common stock on a one-to-one basis upon vesting and settlement, assuming continued service.

When do Jianqing Bennett’s Waters equity awards start vesting?

Both the RSUs and stock options begin vesting on February 25, 2027. Each award vests in four equal annual installments, and every vesting date requires Bennett’s continued service with Waters Corporation for the corresponding portion to vest and, in the case of options, become exercisable.

Are Jianqing Bennett’s Waters Form 4 transactions open-market purchases or sales?

No, the reported transactions are grant or award acquisitions, not open-market trades. The filing shows stock options and restricted stock units awarded at a price of $0.0000 per share, reflecting equity compensation rather than discretionary buying or selling in the public market.

How many Waters shares does Jianqing Bennett own after these transactions?

Following the 986-share common stock grant, Bennett directly holds 7,244 shares of Waters common stock according to the filing. After the 4,826-share option grant, he also directly holds 4,826 stock options, which will become exercisable as they vest over time.