Watts Water (WTS) president sells 2,257 shares at $301 in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Watts Water Technologies executive Elie Melhem, President for APAC, Middle East and Africa, reported an open-market sale of 2,257 shares of Class A Common Stock at $301 per share. After this transaction, he directly holds 8,963 shares of Watts Water common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,257 shares ($679,357)
Net Sell
1 txn
Insider
Melhem Elie
Role
President- APAC, M. East, Afr.
Sold
2,257 shs ($679K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,257 | $301.00 | $679K |
Holdings After Transaction:
Class A Common Stock — 8,963 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 2,257 shares
Sale price per share: $301 per share
Shares held after transaction: 8,963 shares
+1 more
4 metrics
Shares sold
2,257 shares
Class A Common Stock sold in open-market transaction
Sale price per share
$301 per share
Price for Class A Common Stock sold
Shares held after transaction
8,963 shares
Direct holdings following sale
Net shares sold
2,257 shares
Net buy/sell shares in transactionSummary
Key Terms
Class A Common Stock, open-market sale, Sale in open market or private transaction
3 terms
Class A Common Stock financial
"security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Sale in open market or private transaction financial
"transaction_code_description: "Sale in open market or private transaction""
FAQ
What insider transaction did WTS report for executive Elie Melhem?
Watts Water Technologies reported that executive Elie Melhem sold 2,257 shares of Class A Common Stock in an open-market transaction at $301 per share, and now directly holds 8,963 shares in the company after the sale.
What role does the insider in the WTS Form 4 filing hold at the company?
The insider in the WTS Form 4 filing, Elie Melhem, serves as President for APAC, Middle East and Africa. His officer title is disclosed in the filing alongside the details of the reported open-market stock sale.