Watts Water (NYSE: WTS) awards director $160,000 annual stock grant
Rhea-AI Filing Summary
RAINES MERILEE reported acquisition or exercise transactions in this Form 4 filing.
Watts Water Technologies director Merilee Raines received an annual stock award of 456 shares of Class A Common Stock on August 3, 2026. The award represents $160,000 of director compensation, calculated using the closing stock price on the grant date, and increases her direct holdings to 21,670 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 456 shares
Net Buy
1 txn
Insider
RAINES MERILEE
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1 | 456 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 21,670 shares (Direct)
Footnotes (1)
- 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.
Key Figures
Shares Granted: 456 shares
Grant Value: $160,000
Shares Held After Grant: 21,670 shares
3 metrics
Shares Granted
456 shares
Annual stock award to non-employee director on 2026-08-03
Grant Value
$160,000
Dollar amount used to determine number of shares in the annual director award
Shares Held After Grant
21,670 shares
Total direct holdings of Merilee Raines following the 2026-08-03 award
Key Terms
Class A Common Stock, non-employee director, Annual Meeting of Stockholders, closing stock price
4 terms
Class A Common Stock financial
"Represents an annual grant of a stock award 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.
non-employee director financial
"Annual grant of a stock award to the Reporting Person as a non-employee director"
Annual Meeting of Stockholders financial
"first quarterly board meeting following the Annual Meeting of Stockholders"
closing stock price financial
"number of shares awarded is determined by dividing $160,000 by the closing stock price"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did WTS director Merilee Raines report?
Merilee Raines reported receiving an annual stock award of 456 shares of Watts Water Technologies Class A Common Stock. This equity grant is part of her compensation as a non-employee director and is valued at $160,000 based on the grant-date closing price.
How is the WTS director stock award to Merilee Raines calculated?
The annual stock award is set at $160,000 and converted into shares by dividing this amount by the closing stock price on the grant date. For this grant, that formula resulted in an award of 456 shares of Class A Common Stock.
When was the latest WTS stock grant to director Merilee Raines made?
The stock grant to Merilee Raines was made on August 3, 2026, at Watts Water Technologies’ first quarterly board meeting following its Annual Meeting of Stockholders. That meeting timing governs when non-employee directors receive their annual equity awards.
Is the WTS stock grant to Merilee Raines a market purchase or compensation?
The transaction is a compensation-related stock award, not a market purchase. It is described as the annual grant of a stock award to Merilee Raines as a non-employee director, with the number of shares based on a fixed $160,000 value divided by the closing price.