Watts Water (NYSE: WTS) CEO has shares withheld to cover tax obligations

Rhea-AI Filing Summary

Watts Water Technologies President and CEO Robert J. Pagano Jr. reported mandatory share withholdings to cover taxes on equity awards. On March 16, 2026, a total of 7,788 shares of Class A Common Stock were disposed at $297.80 per share to satisfy tax withholding obligations tied to vesting of deferred stock awards granted in 2023, 2024, and 2025.

The footnotes state these dispositions were required under the grant agreements and the company’s Management Stock Purchase Plan and did not represent discretionary trades. After these transactions, Pagano directly holds 199,753 shares of Class A Common Stock.

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

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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^*

Pagano Robert J Jr

(Last) (First) (Middle)

815 CHESTNUT STREET

(Street)

NORTH ANDOVER MASSACHUSETTS 01845

(City) (State) (Zip)

UNITED STATES

(Country)

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)
	President and CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	03/16/2026		F		2,061(1)	D	$297.8	205,480	D
Class A Common Stock	03/16/2026		F		2,151(2)	D	$297.8	203,329	D
Class A Common Stock	03/16/2026		F		3,576(3)	D	$297.8	199,753	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. 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.

2. 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.

3. Represents the number of shares required to be withheld to cover tax withholding obligations in connection with the vesting of restricted stock units (RSUs) purchased by the Reporting Person under the Issuer's Management Stock Purchase Plan (MSPP) on March 15, 2023. The Reporting Person previously reported the total number of shares subject to vesting of the RSUs in Table I of a Form 4 filed in connection with the original purchase of the RSUs. The withholding of shares to cover tax withholding obligations is mandated by the terms of the Issuer's MSPP and does not represent a discretionary transaction by the Reporting Person.

	/s/ Nicholas A. Denice, Attorney-in-Fact	03/18/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Watts Water (WTS) CEO report on this Form 4?

Watts Water CEO Robert J. Pagano Jr. reported mandatory tax-withholding dispositions. A total of 7,788 Class A shares were withheld on March 16, 2026 at $297.80 per share when previously granted stock awards and RSUs vested.

Were the Watts Water (WTS) CEO’s share dispositions discretionary trades?

No, the filing states the share dispositions were required to cover tax withholding obligations. The footnotes explain these withholdings were mandated by the grant agreements and the company’s Management Stock Purchase Plan, and do not represent discretionary transactions by the CEO.

How many Watts Water (WTS) shares does the CEO hold after these transactions?

Following the tax-withholding dispositions, CEO Robert J. Pagano Jr. directly holds 199,753 shares of Watts Water Class A Common Stock. This figure reflects his remaining direct ownership after 7,788 shares were withheld to satisfy equity award tax obligations.

Why were 7,788 Watts Water (WTS) shares disposed on March 16, 2026?

The 7,788 shares were disposed to cover taxes upon vesting of deferred stock awards and RSUs. Footnotes attribute them to grants dated March 14, 2024, March 14, 2025, and RSUs purchased on March 15, 2023 under the Management Stock Purchase Plan.

Does this Watts Water (WTS) Form 4 show open-market selling by the CEO?

No, the transactions are Code F tax-withholding dispositions, not open-market sales. The filing clarifies the shares were withheld or delivered solely to meet tax obligations required by award terms, rather than reflecting discretionary buying or selling decisions by the CEO.

What types of equity awards triggered the Watts Water (WTS) CEO’s tax withholdings?

The tax withholdings relate to deferred stock awards granted in 2024 and 2025, and restricted stock units purchased in 2023 under the Management Stock Purchase Plan. When these awards vested, shares were automatically withheld to satisfy the associated tax liabilities.