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EdgarHawk

Lepage Kenneth Robert

General Counsel

Officer
3 filings analyzed · 1 company · Latest 2026-02-18

Companies

Company Buys Sells Direction
WATTS WATER TECHNOLOGIES INC WTS 0 5 Net selling

Activity

February 2026
medium
Sell
5,025 shares
$1,613,427
Significance 5/10

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.

November 2024
Sell
2,607 shares
$554,571
Significance 4/10

General Counsel Lepage sells 2,607 shares at blended $212.72; 3 separate transactions on 2024-11-06 totaling $554,571.07

Kenneth Robert Lepage, General Counsel at Watts Water Technologies, executed 3 separate sales on 2024-11-06 totaling 2,607 shares at a blended average price of $212.72, reducing his holdings from 14,064 to 11,457 shares (an 18.5% reduction). The shares sold at $213.71, $213.17, and $212.16 respectively, near the 52-week high of $218.00 and well above the current price of $207.24. Lepage's prior sales at WTS showed 0 of 4 measurable outcomes as well-timed at the 90-day mark, with returns ranging from +5.8% to -8.9%, suggesting his recent sell activity has not consistently preceded declines. The stock is trading near its 52-week peak despite modest 3.9% annual revenue growth and elevated P/E of 26.40, creating modest liquidity context for this transaction.

medium
Sell
3,429 shares
$667,455
Significance 5/10

General Counsel Lepage sold 3,429 shares (3.4K) of WTS at $194.65 on 2024-11-04 for $667,454.85 total; holdings reduced 19.6%.

Lepage Kenneth Robert, as General Counsel, sold 3,429 shares at $194.65, reducing his WTS holdings from 17,493 to 14,064 shares—a material 19.6% reduction. The transaction occurred at a price 10.2% below the 52-week high of $218.00, with the stock currently trading at $195.66, down 4.5% over 30 days and flat over 90 days. Examining his prior trades at WTS, all four previous sells (three on 2023-09-01 and one on 2024-02-27) were followed by positive 90-day returns (+1.5% to +7.8%), indicating his prior sales at this ticker did not precede subsequent declines. His cross-ticker track record across all open-market sales shows an average 90-day return of +2.9% with a 0% well-timed rate, further suggesting his sell timing has historically not aligned with subsequent downturns. The company's fundamentals remain solid with revenue of $543.6M and net income of $69.1M in the latest quarter, though the P/E of 24.92 reflects current valuation. This sale represents a discrete reduction in his stake rather than a continuation of demonstrated prescient exit timing.

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