MENENDEZ ANA M 4

What Happened
Ana M. Menendez, CFO and Treasurer of Watsco, Inc., was reported to have acquired 25 shares on March 11, 2026 at $336.95 per share, a total value of $8,424. The Form 4 reports this as an acquisition (transaction code J) and the filing’s footnotes indicate the shares were awarded pursuant to a Restricted Stock Agreement.

Key Details

• Transaction date and price: 2026-03-11 — 25 shares at $336.95 each. Total value ≈ $8,424.
• Transaction code: J (other acquisition or disposition); footnote F2 indicates an award under the company’s Restricted Stock Agreement.
• Additional footnotes: F1 references ownership in the Watsco Profit Sharing Retirement Plan and Trust; F3 notes Class B common stock is convertible 1-for-1 into common stock.
• Filing: Form filed on 2026-03-13 (two days after the transaction), which is within the usual two-business-day Form 4 reporting window.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.

Context
Restricted stock awards are typically compensatory grants rather than open-market purchases and may be subject to vesting or plan terms (see F2). Such awards increase insider ownership but do not necessarily indicate a market-driven buy signal. The filing’s footnotes also reference the company’s profit-sharing plan and the convertibility of Class B shares into common stock (F1, F3).