Watts Water (WTS) files Form 144 to sell 713 restricted shares
Rhea-AI Filing Summary
Watts Water Technologies, Inc. (WTS) filed a Form 144 disclosing a proposed sale of 713 shares of Common stock through Morgan Stanley Smith Barney LLC with an approximate sale date of 08/13/2025. The filing reports an aggregate market value of $195,686.34 and lists 33,361,705 shares outstanding, providing the principal figures investors use to assess the size of the disposal relative to the company.
The shares were acquired as Restricted Stock on 07/31/2023 from the issuer; payment is recorded as Not Applicable. The filer reports nothing to report for securities sold in the past three months. The form includes the standard Rule 144 representation that the signer does not possess undisclosed material adverse information and identifies the filing as a LIVE submission.
Positive
- Proposed sale fully disclosed: Filing specifies 713 shares and an aggregate market value of $195,686.34.
- Broker and timing provided: Sale to be executed via Morgan Stanley Smith Barney LLC with approximate date 08/13/2025.
- No recent sales: The filer reports "Nothing to Report" for securities sold in the past three months.
Negative
- None.
Insights
TL;DR Routine insider notice: small restricted stock sale disclosed, likely immaterial to capital structure.
The Form 144 notifies a proposed sale of 713 shares with an aggregate market value of $195,686.34 scheduled for 08/13/2025 via Morgan Stanley Smith Barney LLC. The shares were acquired as restricted stock on 07/31/2023 and no sales are reported in the prior three months. From a market-impact perspective, the absolute size of the position relative to the stated outstanding shares suggests limited dilution or trading pressure. The filing meets disclosure requirements under Rule 144.
TL;DR Compliance-focused disclosure; includes required Rule 144 representation and broker details.
The notice includes the required certification that the filer is unaware of undisclosed material adverse information and provides broker identification and acquisition details for transparency. The use of restricted stock and the absence of recent sales are documented, supporting an orderly, compliant disposition under Rule 144. There are no governance red flags or material corporate actions disclosed in this form.