Watts Water (WTS) COO uses 745 shares to cover equity award taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Watts Water Technologies Chief Operating Officer Andre Dhawan reported required tax-withholding share dispositions tied to vesting equity awards. On March 16, 2026, a total of 745 shares of Class A Common Stock were disposed of at $297.80 per share to cover tax liabilities on deferred stock awards granted on March 14, 2024 and March 14, 2025. These transactions were mandated by the grant agreements and were not discretionary trading decisions. After these entries, Dhawan directly holds 11,774 shares of Class A Common Stock.
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 |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 369 | $297.80 | $110K |
| Tax Withholding | Class A Common Stock | 376 | $297.80 | $112K |
Holdings After Transaction:
Class A Common Stock — 12,150 shares (Direct)
Footnotes (1)
- Represents shares disposed to cover taxes upon the vesting of a deferred stock award granted to the Reporting Person on March 14, 2025. 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. Represents shares disposed to cover taxes upon the vesting of a deferred stock award granted to the Reporting Person on March 14, 2024. 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) COO Andre Dhawan report?
Andre Dhawan reported two tax-withholding share dispositions on March 16, 2026. In total, 745 Class A Common shares were delivered at $297.80 per share to satisfy tax obligations linked to vesting deferred stock awards granted in 2024 and 2025.
What Watts Water (WTS) equity awards triggered Andre Dhawan’s tax-withholding transactions?
The tax-withholding transactions were triggered by vesting of deferred stock awards. Footnotes specify one award granted on March 14, 2024 and another on March 14, 2025, with shares disposed solely to satisfy associated tax liabilities upon vesting.
Did Andre Dhawan exercise any options or derivatives in this Watts Water (WTS) filing?
The filing does not show any option or derivative exercises. Both reported transactions are non-derivative Class A Common Stock entries coded as tax-withholding dispositions, and the derivative holdings summary is empty in this specific Form 4.