Watts Water (NYSE: WTS) CEO logs PSU vesting and tax-related share sale
Rhea-AI Filing Summary
Watts Water Technologies President and CEO Robert J. Pagano Jr reported equity compensation activity in Class A common stock. On February 9, 2026, he acquired 18,032 shares at $0.0000 per share from the vesting of previously granted performance stock units. On the same date, 8,724 shares were disposed of at $319.76 per share to cover tax withholding required under his grant agreement, which the company notes was not a discretionary transaction. After these transactions, he directly owned 207,268 Class A shares.
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FAQ
What insider transactions did WTS CEO Robert Pagano report on February 9, 2026?
He reported an equity award vesting and related tax sale. 18,032 Class A shares were acquired at $0.0000 from vested performance stock units, and 8,724 shares were disposed of at $319.76 solely to satisfy tax withholding obligations.
How many Watts Water Technologies (WTS) shares does the CEO own after this Form 4?
After the reported transactions, CEO Robert J. Pagano Jr directly owns 207,268 shares of Watts Water Technologies Class A common stock. This reflects the net position after the vesting of performance stock units and the shares withheld to cover related taxes.
Were the WTS CEO’s February 2026 share dispositions discretionary sales?
No. The Form 4 states the 8,724 shares disposed at $319.76 were delivered to cover tax withholding on vested performance stock units, as required by the grant agreement, and do not represent a discretionary transaction by the CEO.
What type of award led to the WTS CEO’s share acquisition in February 2026?
The acquisition came from the vesting of performance stock units. The Form 4 explains that the 18,032 shares issued to the CEO on February 9, 2026, resulted from performance stock units granted on March 13, 2023.
At what prices were the WTS CEO’s February 2026 Form 4 transactions reported?
The vested award shares were reported at a price of $0.0000 per share, reflecting an equity grant. The shares disposed to cover taxes were reported at $319.76 per share, representing the value used to satisfy the tax withholding obligation.
What role does Robert J. Pagano Jr hold at Watts Water Technologies (WTS)?
According to the Form 4, Robert J. Pagano Jr is an officer of Watts Water Technologies, serving as President and CEO. The filing confirms he is not listed as a director and not identified as a ten percent owner.