Watts Water (NYSE: WTS) director reports open-market sale of 398 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Watts Water Technologies director Michael J. Dubose reported an open-market sale of 398 shares of Class A Common Stock at $309.63 per share. After this transaction, he directly holds 1,814 shares. This filing reflects a single reported sale and no derivative transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 398 shares ($123,233)
Net Sell
1 txn
Insider
Dubose Michael J.
Role
null
Sold
398 shs ($123K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 398 | $309.63 | $123K |
Holdings After Transaction:
Class A Common Stock — 1,814 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 398 shares
Sale price: $309.63 per share
Shares held after sale: 1,814 shares
+1 more
4 metrics
Shares sold
398 shares
Open-market sale of Class A Common Stock
Sale price
$309.63 per share
Price for reported open-market sale
Shares held after sale
1,814 shares
Direct ownership following transaction
Net share change
-398 shares
Net effect of reported Form 4 transactions
Key Terms
Class A Common Stock, open-market sale, Form 4
3 terms
Class A Common Stock financial
"The transaction involved 398 shares of Class A Common Stock."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
open-market sale financial
"The filing describes the transaction as an open-market sale."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"Details of the insider transaction are reported on a Form 4."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did WTS director Michael J. Dubose report?
Director Michael J. Dubose reported an open-market sale of 398 shares of Watts Water Technologies Class A Common Stock. The transaction was recorded at a price of $309.63 per share and disclosed on a Form 4 insider trading report.
Does the Michael J. Dubose Form 4 for WTS include derivative transactions?
The Form 4 for Michael J. Dubose reports no derivative transactions, such as options or other convertible securities. The filing only shows a single non-derivative open-market sale of Class A Common Stock and a resulting direct share balance after the trade.
What type of security did Michael J. Dubose trade in the WTS Form 4 filing?
The transaction involved Watts Water Technologies Class A Common Stock, categorized as a non-derivative security. The Form 4 specifies this security title for the 398 shares sold and for the 1,814 shares that remain directly owned after the reported sale.