Watts Water (WTS) HR chief gets 810-share award, 168 withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Watts Water Technologies Chief HR Officer Monica Barry reported routine equity compensation activity. She received a grant of 810 shares of Class A Common Stock as deferred stock that will vest in three equal annual installments beginning on the first anniversary of the grant date. On the same date, 168 shares were disposed at $297.80 per share to cover taxes due upon the vesting of a prior deferred stock award granted on March 13, 2023, a mandatory tax-withholding transaction under her grant agreement rather than a discretionary trade. After these transactions, she directly holds 7,740 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Barry Monica
Role
Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 810 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 168 | $297.80 | $50K |
Holdings After Transaction:
Class A Common Stock — 7,908 shares (Direct)
Footnotes (1)
- Consists of shares of deferred stock that vest in three equal annual installments beginning on the first anniversary of the date of grant. Represents shares disposed to cover taxes upon the vesting of a deferred stock award granted to the Reporting Person on March 13, 2023. The disposition of shares to cover tax withholding obligations is required by the terms of the Reporting Person's grant agreement and does not represent a discretionary transaction by the Reporting Person.
FAQ
What insider transactions did Watts Water (WTS) Chief HR Officer Monica Barry report?
Monica Barry reported a grant of 810 shares of Class A Common Stock and a disposition of 168 shares. The 168 shares were withheld to satisfy tax obligations linked to a previously granted deferred stock award that vested, rather than an open-market sale.