STOCK TITAN

Watts Water (NYSE: WTS) GC reports stock grant and tax-withholding share disposition

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Watts Water Technologies General Counsel Kenneth Robert Lepage reported routine equity compensation activity in Class A Common Stock. He received a grant of 1,297 shares of deferred stock that vest in three equal annual installments beginning on the first anniversary of the grant date. On the same date, 304 shares were automatically withheld at a price of $297.80 per share to cover taxes upon the vesting of a prior deferred stock award granted on March 13, 2023, a non-discretionary transaction required by his grant agreement. After these transactions, he directly holds 13,277 shares of Class A Common Stock.

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Insider Lepage Kenneth Robert
Role General Counsel
Type Security Shares Price Value
Grant/Award Class A Common Stock 1,297 $0.00 --
Tax Withholding Class A Common Stock 304 $297.80 $91K
Holdings After Transaction: Class A Common Stock — 13,581 shares (Direct)
Footnotes (1)
  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.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Lepage Kenneth Robert

(Last) (First) (Middle)
815 CHESTNUT STREET

(Street)
NORTH ANDOVER MA 01845

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
WATTS WATER TECHNOLOGIES INC [ WTS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
General Counsel
3. Date of Earliest Transaction (Month/Day/Year)
03/13/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 03/13/2026 A 1,297(1) A $0.0000 13,581 D
Class A Common Stock 03/13/2026 F 304(2) D $297.8 13,277 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Consists of shares of deferred stock that vest in three equal annual installments beginning on the first anniversary of the date of grant.
2. 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.
Remarks:
powerofattorneylepage.txt
/s/ Nicholas A. Denice, Attorney-in-Fact 03/16/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did WTS General Counsel Kenneth Lepage report on this Form 4?

Kenneth Lepage reported receiving 1,297 shares of deferred Class A Common Stock as an equity grant and a disposition of 304 shares to cover tax withholding. Both transactions are routine compensation-related events rather than open-market buying or selling of Watts Water Technologies (WTS) shares.

How many Watts Water Technologies (WTS) shares does Kenneth Lepage hold after these transactions?

After the reported transactions, Kenneth Lepage directly holds 13,277 shares of Watts Water Technologies Class A Common Stock. This reflects the addition of 1,297 deferred stock shares from the March 13, 2026 grant and the withholding of 304 shares used to satisfy related tax obligations.

Were Kenneth Lepage’s WTS stock transactions open-market buys or sells?

The transactions were not open-market buys or sells. Lepage received 1,297 shares as a deferred stock grant and 304 shares were disposed solely to cover taxes upon the vesting of a prior award, as required by his grant agreement, making them non-discretionary compensation events.

What are the vesting terms of Kenneth Lepage’s new Watts Water deferred stock award?

The 1,297-share deferred stock grant vests in three equal annual installments, beginning on the first anniversary of the March 13, 2026 grant date. This structure spreads the delivery of shares over three years, aligning Lepage’s compensation with longer-term service and performance at Watts Water Technologies.

Why were 304 shares of WTS stock disposed of in Kenneth Lepage’s Form 4 filing?

The 304 shares were disposed to cover taxes upon vesting of a deferred stock award granted on March 13, 2023. According to the footnote, this tax-withholding disposition was required by Lepage’s grant agreement and does not represent a discretionary trading decision in Watts Water Technologies shares.