Melhem Elie 4

What Happened

• Melhem Elie, President — APAC, Middle East and Africa at Watts Water Technologies (WTS), reported an open-market sale of 379 shares of WTS Class A common stock.
• The shares were sold on 2026-03-18 at $300.03 per share for a total proceeds of $113,711 (rounded).

Key Details

• Transaction date and price: 2026-03-18 — 379 shares at $300.03 each.
• Total value: $113,711 (proceeds from the sale).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: Sale was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 10, 2025.
• Filing timeliness: Reported filed 2026-03-18 for the same date of transaction (appears timely).
• Transaction code: S = Sale (open market).

Context

• This is a sale under a pre-established 10b5-1 plan; such sales are typically pre-scheduled and do not necessarily indicate the insider’s current view of the company.
• For retail investors, purchases are generally treated as stronger signals than routine sales; this single 379-share sale is relatively small in dollar terms for institutional/exec-level holdings but still material enough to note.