Watts Water (NYSE: WTS) awards director 456-share annual stock grant
Rhea-AI Filing Summary
Napolitano Kenneth reported acquisition or exercise transactions in this Form 4 filing.
Watts Water Technologies Inc. director Kenneth Napolitano received an annual stock award of 456 shares of Class A Common Stock on August 3, 2026 as a non-employee director. The grant is based on a $160,000 target value, bringing his direct holdings to 1,810 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 456 shares
Net Buy
1 txn
Insider
Napolitano Kenneth
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1 | 456 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 1,810 shares (Direct)
Footnotes (1)
- F1. Represents the annual grant of a stock award to the Reporting Person as a non-employee director of the Issuer at the Issuer's first quarterly board meeting following the Annual Meeting of Stockholders. The number of shares awarded is determined by dividing $160,000 by the closing stock price on the grant date.
Key Figures
Shares granted: 456 shares of Class A Common Stock
Target grant value: $160,000
Shares owned after grant: 1,810 shares
+1 more
4 metrics
Shares granted
456 shares of Class A Common Stock
Annual non-employee director stock award on August 3, 2026
Target grant value
$160,000
Dollar value used to determine the number of shares in the annual director stock award
Shares owned after grant
1,810 shares
Direct holdings of Kenneth Napolitano following the August 3, 2026 stock award
Reported transaction price per share
$0.0000
Per-share price field for the non-employee director stock grant
Key Terms
non-employee director, Annual Meeting of Stockholders, stock award
3 terms
non-employee director regulatory
"annual grant of a stock award to the Reporting Person as a non-employee director"
Annual Meeting of Stockholders regulatory
"Issuer's first quarterly board meeting following the Annual Meeting of Stockholders"
stock award financial
"Represents the annual grant of a stock award to the Reporting Person"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stock grant did Kenneth Napolitano report for WTS?
Kenneth Napolitano reported an annual stock award of 456 shares of Class A Common Stock for his service as a non-employee director. The grant was made on August 3, 2026 at Watts Water’s first quarterly board meeting following its Annual Meeting of Stockholders.
How was the size of Kenneth Napolitano’s WTS stock award determined?
The number of shares in the award was calculated by dividing $160,000 by the closing stock price on the grant date. This formula-based approach sets a target dollar value for the annual non-employee director stock grant, with actual shares varying based on the market price.
Was Kenneth Napolitano’s WTS stock grant made under a Rule 10b5-1 trading plan?
The filing does not indicate that this grant was made pursuant to a Rule 10b5-1 trading plan. The document-level 10b5-1 checkbox is not marked, and the footnote describing the award references only its annual nature and valuation method, not any pre-arranged trading arrangement.