March 15, 2024 · Form 4 insider transaction
Melhem Elie bought 1,394 shares of Watts Water Technologies, Inc. at $163.23 per share, a transaction worth $227.5K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 3 days after the transaction.
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 15, 2024. The restricted stock units were purchased using a portion of the Reporting Person's pre-tax 2023 performance bonus. The restricted stock units vest in three equal annual installments beginning one year after the date of grant.