Melhem Elie sold WTS
February 7, 2024 · Form 4 insider transaction
Melhem Elie sold 1,403 shares of Watts Water Technologies, Inc. at $207.64 per share, a transaction worth $291.3K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 1 day after the transaction.
Direction
Disposed (sell-side)
Shares
1,403
Price
$207.64
Total value
$291.3K
InsiderMelhem Elie
Role—
SecurityClass A Common Stock
Transaction codeF: Shares withheld for taxes
Transaction dateFebruary 7, 2024
Filing dateFebruary 8, 2024
Shares owned after16,064
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
Represents shares disposed to cover taxes upon the vesting of performance stock units granted to the Reporting Person on March 12, 2021. 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.