Melhem Elie, President of APAC, Middle East, and Africa, has engaged in 29 insider transactions involving shares of Watts Water Technologies, Inc. (WTS) over the past several years, as disclosed in SEC Form 4 filings. His trading activity reveals a clear bias toward selling, with total sell transactions amounting to $4,343,444.97, significantly outweighing his total buy value of $632,081.02. Notably, Elie has not made any recent purchases, with his last buy occurring in March 2025. In contrast, he has executed four recent sell transactions in March 2026, with values ranging from $108,672.36 to $917,938.45, indicating a continued trend of divestment.
Elie’s transactions are concentrated exclusively in WTS, reflecting his focus on this single company. His selling activity has been particularly pronounced in recent months, with notable sales on March 17, 2026 ($917,938.45), March 18, 2026 ($113,711.37), and March 19, 2026 ($108,672.36). These sales follow a pattern of periodic divestments, including a significant sale of $925,700.41 on March 11, 2025. While Elie has occasionally acquired shares through transactions marked as "F" (tax-related) and "A" (award-related), these purchases have been relatively modest compared to the scale of his sales. Overall, Elie’s trading history suggests a consistent reduction in his WTS holdings, with no indication of recent accumulation.
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