Watts Water (WTS) director reports bona fide gift of 9,800 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Watts Water Technologies director David A. Dunbar reported an indirect, non-market transfer of 9,800 shares of Class A Common Stock as a bona fide gift. The shares are held in a trust for the benefit of his children, with his spouse serving as co-trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
9,800 shares gifted
Mixed
1 txn
Insider
Dunbar David A.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class A Common Stock | 9,800 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 9,800 shares (Indirect, By Trust)
Footnotes (1)
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FAQ
What insider transaction did Watts Water (WTS) report for David A. Dunbar?
Watts Water director David A. Dunbar reported an indirect disposition of 9,800 shares of Class A Common Stock. The filing classifies the move as a bona fide gift, rather than a market sale or purchase, and shows no transaction price per share.
Was the Watts Water (WTS) Form 4 transaction a stock sale or purchase?
The Form 4 for Watts Water shows no open-market sale or purchase. Instead, it records a bona fide gift transfer of 9,800 Class A Common shares, with a reported price of $0.0000 per share, indicating no cash consideration was involved.
Does the Watts Water (WTS) Form 4 indicate remaining holdings after the gift?
The Form 4 shows 9,800 shares of Class A Common Stock as the amount held indirectly following the reported transaction. This figure reflects the position associated with the trust after the bona fide gift, based on the filing’s post-transaction share disclosure.
What does the transaction code on the Watts Water (WTS) Form 4 mean?
The Form 4 uses transaction code “G,” which denotes a bona fide gift. This code indicates that the 9,800 Class A Common shares were transferred as a gift, not bought or sold in the market, and therefore carry limited implications for trading sentiment.