McClintock Diane M 4
4 · WATTS WATER TECHNOLOGIES INC · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
WTS CFO Diane McClintock Withholds Shares for Taxes
What Happened Diane M. McClintock, Chief Financial Officer of WATTS WATER TECHNOLOGIES INC (WTS), had 485 shares disposed on March 16, 2026 as tax-withholdings tied to vested deferred stock awards/RSUs. The shares were withheld at $297.80 per share: 53 shares ($15,783), 69 shares ($20,548), and 363 shares ($108,101), for a total value of approximately $144,432. These were not open-market sales but mandatory withholdings under grant terms.
Key Details
- Transaction date(s): March 16, 2026; Form 4 filed March 18, 2026 (timely).
- Price per share: $297.80.
- Shares withheld/disposed: 53, 69 and 363 (total 485 shares); total value ≈ $144,432.
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnotes: F1/F2 — withholdings to cover taxes on deferred stock awards granted March 14, 2025 and March 14, 2024; F3 — withholding for RSUs purchased under the Management Stock Purchase Plan on March 15, 2023. All withholdings are required by plan/grant terms and not discretionary trades.
- Transaction code: F (disposition to satisfy tax withholding).
Context Tax-withholding dispositions are routine administrative actions when restricted stock or RSUs vest; they do not necessarily signal insider intent to buy or sell additional shares. For investors, purchases or open-market sales by insiders tend to be more informative about sentiment than mandatory withholding events.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1]2026-03-16$297.80/sh−53$15,783→ 8,328 total - Tax Payment
Class A Common Stock
[F2]2026-03-16$297.80/sh−69$20,548→ 8,259 total - Tax Payment
Class A Common Stock
[F3]2026-03-16$297.80/sh−363$108,101→ 7,896 total
Footnotes (3)
- [F1]Represents shares disposed to cover taxes upon the vesting of a deferred stock award granted to the Reporting Person on March 14, 2025. 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.
- [F2]Represents shares disposed to cover taxes upon the vesting of a deferred stock award granted to the Reporting Person on March 14, 2024. 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.
- [F3]Represents the number of shares required to be withheld to cover tax withholding obligations in connection with the vesting of restricted stock units (RSUs) purchased by the Reporting Person under the Issuer's Management Stock Purchase Plan (MSPP) on March 15, 2023. The Reporting Person previously reported the total number of shares subject to vesting of the RSUs in Table I of a Form 4 filed in connection with the original purchase of the RSUs. The withholding of shares to cover tax withholding obligations is mandated by the terms of the Issuer's MSPP and does not represent a discretionary transaction by the Reporting Person.