Watts Water (NYSE: WTS) grants $160,000 annual stock award to director
Rhea-AI Filing Summary
Dunbar David A. reported acquisition or exercise transactions in this Form 4 filing.
Watts Water Technologies director David A. Dunbar received an annual stock award of 456 shares of Class A Common Stock on 2026-08-03 as a non-employee director. The number of shares is determined by dividing $160,000 by the closing stock price on the grant date.
After this grant, Dunbar holds 456 shares directly and 9,800 shares indirectly through a trust established for his children, where his spouse serves as co-trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 456 shares
Net Buy
2 txns
Insider
Dunbar David A.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1 | 456 | $0.00 | $0.00 |
| holding | Class A Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 456 shares (Direct);
Class A Common Stock — 9,800 shares (Indirect, By Trust)
Footnotes (2)
- F1. Represents the annual grant of a stock award to the Reporting Person as a non-employee director of the Issuer at the Issuer's first quarterly board meeting following the Annual Meeting of Stockholders. The number of shares awarded is determined by dividing $160,000 by the closing stock price on the grant date.
- F2. The shares are held in a trust for the benefit of the Reporting Person's children. The Reporting Person's spouse serves as co-trustee of this trust.
Key Figures
Stock award shares: 456 shares
Annual director award value: $160,000
Direct holdings after grant: 456 shares
+1 more
4 metrics
Stock award shares
456 shares
Annual Class A Common Stock grant to non-employee director on 2026-08-03
Annual director award value
$160,000
Cash value divided by closing stock price on grant date to determine shares awarded
Direct holdings after grant
456 shares
Class A Common Stock held directly by David A. Dunbar following the 2026-08-03 award
Indirect trust holdings
9,800 shares
Class A Common Stock held in a trust for Dunbar’s children, reported as indirect ownership
Key Terms
non-employee director, Annual Meeting of Stockholders, stock award, co-trustee
4 terms
non-employee director financial
"Represents the annual grant of a stock award to the Reporting Person as a non-employee director"
Annual Meeting of Stockholders financial
"Issuer's first quarterly board meeting following the Annual Meeting of Stockholders"
stock award financial
"Represents the annual grant of a stock award to the Reporting Person"
co-trustee financial
"The Reporting Person's spouse serves as co-trustee of this trust"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stock award did Watts Water (WTS) director David A. Dunbar receive?
David A. Dunbar received an annual stock award of 456 shares of Watts Water Class A Common Stock as a non-employee director. The grant size is based on dividing $160,000 by the company’s closing stock price on the 2026-08-03 grant date.
How is the value of David A. Dunbar’s 2026 Watts Water (WTS) stock award determined?
The award is structured as a fixed $160,000 annual value for a non-employee director. The company calculates the number of Class A shares by dividing $160,000 by the closing stock price on the grant date, resulting in 456 shares for this grant.
What indirect Watts Water (WTS) holdings are reported for David A. Dunbar?
In addition to his direct holdings, there are 9,800 shares of Class A Common Stock held indirectly in a trust for Dunbar’s children. His spouse serves as co-trustee, and these shares are reported as indirect ownership "By Trust."
Is David A. Dunbar’s 2026 Watts Water (WTS) award a market purchase?
No. The 456-share position reflects a grant of a stock award as compensation for service as a non-employee director, not an open-market purchase. The grant carries a stated award value of $160,000 divided by the stock’s closing price on the grant date.