Watts Water Technologies Files 8-K with Exhibits
Ticker: WTS · Form: 8-K · Filed: Oct 1, 2024 · CIK: 795403
Sentiment: neutral
Topics: regulatory-filing, financials
Related Tickers: WTS
TL;DR
WTS filed an 8-K with financial docs, nothing major to see here.
AI Summary
On October 1, 2024, Watts Water Technologies, Inc. filed an 8-K report. The filing primarily concerns the submission of financial statements and exhibits, with no other specific events detailed in the provided text. The company, incorporated in Delaware, is headquartered at 815 Chestnut Street, North Andover, Massachusetts.
Why It Matters
This filing indicates Watts Water Technologies is fulfilling its regulatory reporting requirements by submitting financial statements and exhibits to the SEC.
Risk Assessment
Risk Level: low — The filing is a routine submission of financial statements and exhibits, not indicating any new material events or risks.
Key Numbers
- 001-11499 — Commission File Number (SEC File Number for Watts Water Technologies)
- 04-2916536 — IRS Employer Identification No. (Tax identification for Watts Water Technologies)
Key Players & Entities
- Watts Water Technologies, Inc. (company) — Registrant
- October 1, 2024 (date) — Date of earliest event reported
- 815 Chestnut Street, North Andover, Massachusetts 01845 (location) — Principal Executive Offices
- Delaware (jurisdiction) — State of Incorporation
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report other events and to submit financial statements and exhibits.
When was the earliest event reported in this filing?
The earliest event reported in this filing was on October 1, 2024.
What is the principal executive office address for Watts Water Technologies, Inc.?
The principal executive office address is 815 Chestnut Street, North Andover, Massachusetts 01845.
In which state is Watts Water Technologies, Inc. incorporated?
Watts Water Technologies, Inc. is incorporated in Delaware.
What is the company's telephone number?
The company's telephone number, including area code, is (978) 688-1811.
Filing Stats: 701 words · 3 min read · ~2 pages · Grade level 13.5 · Accepted 2024-10-01 08:44:30
Key Financial Figures
- $0.10 — stered Class A Common Stock, par value $0.10 per share WTS New York Stock Exchan
Filing Documents
- wts-20241001x8k.htm (8-K) — 39KB
- 0001558370-24-013102.txt ( ) — 174KB
- wts-20241001.xsd (EX-101.SCH) — 3KB
- wts-20241001_lab.xml (EX-101.LAB) — 18KB
- wts-20241001_pre.xml (EX-101.PRE) — 13KB
- wts-20241001x8k_htm.xml (XML) — 5KB
01 Other Events
Item 8.01 Other Events On October 1, 2024, Watts Water Technologies, Inc. (the "Registrant") publicly disclosed its intention for local management to begin consultations with the appropriate works council in regard to a project to close the foundry at its manufacturing facility in Hautvillers-Ouville, France and to relocate the facility's other production activities primarily to other facilities of the Registrant in France and other locations in Europe. The Registrant expects that the works council consultation process will last approximately three months, after which the local management team will present its proposal to the Registrant's Board of Directors, who will make a determination whether to approve the restructuring plan. If the Registrant's Board of Directors approves the restructuring plan, the charges expected to be incurred in connection with such plan are anticipated to be material to the Registrant. This Current Report on Form 8-K includes "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995, including statements relating to whether our Board of Directors will decide to approve the proposed restructuring plan, the timing of any such approval and the materiality of the expenses associated with the restructuring plan. You should not rely on forward-looking statements because our actual results may differ materially from those predicted as a result of a number of potential risks and uncertainties. These potential risks and uncertainties include, but are not limited to, compliance with all legal obligations under French law with respect to the proposed restructuring plan, approval of proposed social benefit plans by the appropriate labor authorities, the scope of the final restructuring plan, and other risks and uncertainties discussed under the heading "Item 1A. Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2023, as filed with the SEC, as well as risk factors disclosed in our
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits (d) Exhibits. Exhibit Number Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: October 1, 2024 WATTS WATER TECHNOLOGIES, INC. By: /s/ Kenneth R. Lepage Kenneth R. Lepage General Counsel, Chief Sustainability Officer & Secretary