McClintock Diane M 4
4 · WATTS WATER TECHNOLOGIES INC · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
WATTS (WTS) CFO Diane McClintock Receives Stock Awards
What Happened
Diane M. McClintock, Chief Financial Officer of Watts Water Technologies (WTS), received stock awards on March 13, 2026. The filing reports two acquisitions: 1,297 deferred shares (priced at $0.00) and 481 restricted stock units acquired at $238.24 each (total reported value $114,593). Separately, 64 shares were disposed (sold/surrendered) at $297.80 each to cover tax withholding obligations (proceeds reported $19,059). The award transactions are acquisitions (company compensation/plan activity), while the 64-share disposition was a mandatory tax-withholding action.
Key Details
- Transaction date: March 13, 2026; Form 4 filed March 17, 2026 (timely within the 2-business-day window).
- Grants/acquisitions:
- 1,297 deferred shares @ $0.00 (F1) — vest in three equal annual installments beginning one year after grant.
- 481 restricted stock units @ $238.24 each (total $114,593) (F2) — purchased under the Management Stock Purchase Plan at a 20% discount using part of her pre-tax 2025 performance bonus; vest in three equal annual installments starting one year after grant.
- Tax withholding: 64 shares disposed @ $297.80 each to cover taxes on a deferred award granted March 13, 2023 (F3); this was required by the award agreement and not a discretionary sale.
- Shares owned after the reported transactions are not specified in the Form 4.
- Filing remark: powerofattorneymcclintock.txt included.
Context
These transactions are company compensation and plan-related acquisitions rather than open-market purchases (a stronger bullish signal). The 481-share purchase reflects participation in a discounted employee purchase plan funded by a portion of Ms. McClintock’s performance bonus. The 64-share disposition was a routine tax-withholding requirement on prior vesting and does not indicate a voluntary sale.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-03-13+1,297→ 7,803 total - Award
Class A Common Stock
[F2]2026-03-13$238.24/sh+481$114,593→ 8,284 total - Tax Payment
Class A Common Stock
[F3]2026-03-13$297.80/sh−64$19,059→ 8,220 total
Footnotes (3)
- [F1]Consists of shares of deferred stock that vest in three equal annual installments beginning on the first anniversary of the date of grant.
- [F2]Represents shares subject to restricted stock units purchased by the Reporting Person under the Issuer's Management Stock Purchase Plan at a discount of 20% from the closing sale price of the Issuer's Class A Common Stock on March 13, 2026. The restricted stock units were purchased using a portion of the Reporting Person's pre-tax 2025 performance bonus. The restricted stock units vest in three equal annual installments beginning one year after the date of grant.
- [F3]Represents shares disposed to cover taxes upon the vesting of a deferred stock award 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.