General Counsel Kenneth Lepage sold 5,025 shares of WTS at $321.08 for $1,613,427.00 on 2026-02-17.
Kenneth Robert Lepage, General Counsel, executed an open-market sale of 5,025 shares at $321.08 on 2026-02-17, reducing his holdings by 29.0% from 17,309 to 12,284 shares. The sale occurred near the 52-week high ($336.18, currently -1.9% away), and the stock is up 11.0% over 30 days and 23.9% over 90 days post-transaction. His prior sales at WTS have shown mixed timing: 3 of 5 prior trades were well-timed at the 90-day mark, but his cross-ticker track record shows only a 37.50% well-timed rate on sells with a modest 1.0% average 90-day return, suggesting limited predictive value. The company's fundamentals remain solid (Revenue $611.7M, Net income $82.2M, +9.5% annual growth, P/E 37.92), indicating no apparent deterioration that would motivate the sale. The transaction is material in dollar terms ($1.6M) and represents a significant reduction in his personal stake, warranting monitoring of whether this reflects changed conviction or portfolio rebalancing.