Watts Water (WTS) COO Andre Dhawan reports PSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Watts Water Technologies Chief Operating Officer Andre Dhawan reported equity compensation activity in Class A common stock. On February 9, 2026, he acquired 1,059 shares at $0.0000 per share from the vesting of performance stock units granted on March 13, 2023. On the same date, 329 shares at $319.76 per share were disposed of to satisfy tax withholding obligations required by his grant agreement, which the company notes was not a discretionary transaction. After these transactions, Dhawan directly beneficially owned 10,769 Class A common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Dhawan Andre
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,059 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 329 | $319.76 | $105K |
Holdings After Transaction:
Class A Common Stock — 11,098 shares (Direct)
Footnotes (1)
- Represents shares issued to the Reporting Person as a result of the vesting of performance stock units granted to the Reporting Person on March 13, 2023. Represents shares disposed to cover taxes upon the vesting of performance stock units 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 activity did WTS Chief Operating Officer Andre Dhawan report on this Form 4?
Andre Dhawan reported an equity award vesting and related tax share withholding. He acquired 1,059 Class A common shares from vesting performance stock units, and 329 shares were disposed of to cover tax withholding obligations tied to that vesting under his grant agreement.
What do the transaction codes A and F mean in Andre Dhawan’s WTS Form 4?
Code A indicates an acquisition from a grant or award, and code F indicates shares withheld for taxes. Dhawan’s 1,059-share transaction used code A for vesting, while the 329-share transaction used code F for tax withholding obligations.