Watts (WTS) CFO awarded shares; portion withheld to pay taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Watts Water Technologies Chief Financial Officer Diane M. McClintock reported routine equity compensation activity. On February 9, 2026, she acquired 678 shares of Class A common stock at $0.0000 per share from the vesting of previously granted performance stock units.
On the same date, 320 shares of Class A common stock were automatically disposed of at $319.76 per share to cover tax withholding obligations required under her grant agreement, a non‑discretionary transaction. After these transactions, she directly owned 6,506 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
McClintock Diane M
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 678 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 320 | $319.76 | $102K |
Holdings After Transaction:
Class A Common Stock — 6,826 shares (Direct)
Footnotes (1)
- Represents shares issued to the Reporting Person as a result of the vesting of performance stock units granted to the Reporting Person on March 13, 2023. Represents shares disposed to cover taxes upon the vesting of performance stock units 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.
FAQ
What insider transaction did Watts (WTS) report for its CFO?
Watts reported routine equity compensation activity for its CFO. Diane M. McClintock received shares from vesting performance stock units and had some shares withheld to satisfy tax obligations required under her grant agreement, a standard non-discretionary compensation-related transaction.
Does this Watts (WTS) Form 4 indicate discretionary buying or selling by the CFO?
The filing does not show discretionary buying or selling. Shares were acquired through vesting of performance stock units and partially disposed of automatically to cover tax withholding obligations mandated by the grant agreement’s terms.