Trade Summary
6 days ago, Melhem Elie, serving as Pres- APAC, M. East, Afr. at Watts Water Technologies Inc (WTS), sold 3,029 shares at $303.05 per share, for a total transaction value of $917,938.00. Following this transaction, Melhem Elie now holds 11,971 shares of WTS.
This sale represents a 20.00% decrease in Melhem Elie's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Tuesday, March 17, 2026 and publicly disclosed via SEC Form 4 filing on Wednesday, March 18, 2026, 1 day after the trade was made.
Watts Water Technologies Inc operates in the INDUSTRIALS sector, specifically within the SPECIALTY INDUSTRIAL MACHINERY industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.