Watsco EVP Barry S. Logan Awarded $1.0M in Restricted Common Stock

Executive Summary

On October 13, 2026, Watsco, Inc. (NYSE: WSO) filed a Form 4 detailing an equity grant to Barry S. Logan, Executive Vice President and Director. On October 9, 2026, Logan received an award of 3,573 shares of Common Stock valued at $279.90 per share, totaling approximately $1.00 million.

Transaction Analysis

• Nature of Transaction: The transaction is classified under transaction code A, representing an award or grant under Watsco's Restricted Stock Agreement rather than an open-market purchase or sale.
• Pricing & Value: The shares were valued at the market grant price of $279.90, amounting to an aggregate grant value of $1,000,082.70.
• Post-Transaction Holdings:
  • In addition to this 3,573-share award, Logan holds 30,000 common shares directly and 1,802 common shares indirectly via the Watsco, Inc. Profit Sharing Retirement Plan and Trust.
  • Logan also directly holds 113,037 shares of Class B Common Stock (of which 43,037 shares remain subject to vesting restrictions), convertible 1-for-1 into Common Stock.

Market Significance

This transaction carries Low informational significance for market direction because it represents standard executive equity compensation rather than a discretionary market purchase funded with personal capital.