Insider sale at WTS (NYSE: WTS) — 2,257 performance shares listed

Rhea-AI Filing Summary

WTS reported a Form 144 notice covering 2,257 shares of Common stock (performance shares) to be sold by an issuer-related account on 02/09/2026. The filing also lists recent sales by Elie Melhem of 372 shares, 379 shares and 3,029 shares on 03/19/2026, 03/18/2026 and 03/17/2026 respectively, with cash amounts shown in the filing.

Insights

Securities Compliance Analyst

Routine Form 144 sale notice for a small number of shares by an issuer account and recent insider dispositions.

The filing lists 2,257 shares of Common stock described as Performance Shares intended for sale on 02/09/2026. The filing also documents prior open-market dispositions by Elie Melhem totaling 3,780 shares across three transactions in March 2026.

Cash‑flow treatment and the beneficiary of proceeds are not specified in the excerpt; subsequent SEC filings or broker statements will show settlement details and whether the sales were issuer-directed.

Key Figures

Registered for sale: 2,257 shares Sale by Elie Melhem: 372 shares Sale by Elie Melhem: 379 shares +1 more

4 metrics

Registered for sale 2,257 shares Performance Shares listed for sale on <date>02/09/2026</date>

Sale by Elie Melhem 372 shares <date>03/19/2026</date> sale with <money>$108,672.36</money>

Sale by Elie Melhem 379 shares <date>03/18/2026</date> sale with <money>$113,711.37</money>

Sale by Elie Melhem 3,029 shares <date>03/17/2026</date> sale with <money>$917,938.45</money>

Key Terms

Form 144, Performance Shares, Issuer

3 terms

Form 144 regulatory

"144: Securities To Be Sold"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Performance Shares financial

"Common | 02/09/2026 | Performance Shares"

Performance shares are a type of company stock given to executives or employees that only become theirs if the company meets specific goals, like hitting certain profits or growth targets. They motivate leaders to work toward the company’s success, because their additional shares depend on achieving these results.

Issuer regulatory

"Performance Shares | Issuer"

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	2257	679357.00	27474600	05/13/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/09/2026	Performance Shares	Issuer			2257	02/09/2026	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
ELIE MELHEM 815 Chestnut Street, North Andover, MA 01845	Common	03/19/2026	372	108672.36
ELIE MELHEM 815 Chestnut Street, North Andover, MA 01845	Common	03/18/2026	379	113711.37
ELIE MELHEM 815 Chestnut Street, North Andover, MA 01845	Common	03/17/2026	3029	917938.45

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does WTS's Form 144 disclose about the planned sale?

The Form 144 discloses an intended sale of 2,257 shares of Common stock (performance shares) by an issuer account on 02/09/2026. The filing identifies the security type as Performance Shares and the marketplace as NYSE.

Who reported recent sales in the filing and how many shares were sold?

The filing lists recent sales by Elie Melhem: 372 shares on 03/19/2026, 379 shares on 03/18/2026, and 3,029 shares on 03/17/2026. Dollar proceeds for each sale are shown in the excerpt.

Are the proceeds recipient or use of proceeds stated in the Form 144?

The excerpt does not state a use of proceeds; the filing lists sale amounts in dollars but does not specify who receives the cash. Settlement and recipient details are typically shown in broker settlement records or subsequent issuer disclosures.

Does the Form 144 indicate insider status or relation to the issuer?

The notice lists the seller entries and identifies the 2,257 shares as held by an Issuer account (performance shares). Elie Melhem appears as the reporting individual for the March dispositions in the excerpt.