Framework Journal · one stock, one dated entry

Recorded 2026-05-15 · Permanent

Waters Corporation WAT

An entry written while the outcome is still unknown. It will be scored by what the market does next, and it will never be edited to look cleverer than it was.

The label
Markup

read at $365.36

Waters Corporation holds its Markup at $365.36.

PHINPOOPSC
  • PHPhase · the trend structure carries the Markup label
  • INInsiders · no filings inside 60 days, left as found
  • POPositioning · no disclosures inside 60 days, left as found
  • OPOptions · no verdict drawn today, left as found
  • SCScreen · passes the values gate

The investor read · the season, not the day

As held on the ledger · 2026-05-15
PhaseMarkup
Quantitative stateThe statistical read favours the sellers, held for 1 days
Price$365.36
Valuation42.19 trailing · 20.24 forward price to earnings
Values screenPASS · score 80.4
Beta1.14

The trader read · the latest dated commentary

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with strong ethical credentials (80). The risk-adjusted return profile shows modest positive risk-adjusted returns. Entered 2026-07-03 · Markup

The dated journal · newest first, never edited

2026-07-03 Markup $365.36 +0.0% Entry 2

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with strong ethical credentials (80). The risk-adjusted return profile shows modest positive risk-adjusted returns.

2026-07-02 Markup $365.36 Entry 1

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Ethical screening: PASS with strong ethical credentials (80). The risk-adjusted return profile shows modest positive risk-adjusted returns.

Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.

The insider ledger · Form 4 filings, as filed

Most recent filings · WAT
DateInsiderTitleTypeSharesValue
2026-03-31 JIANG WEI Director 64 ·
2026-03-31 KNIGHT HEATHER Director 68 ·
2026-03-16 JIANG WEI Director 500 $144,730
2026-03-06 FEARON RICHARD H Director 1,000 $306,340
2026-02-25 ORNSKOV FLEMMING Director 336 ·
2026-02-25 CHAUBAL AMOL Chief Financial Officer 1,455 ·
2026-02-25 BATRA UDIT Chief Executive Officer 5,165 ·
2026-02-25 FRASER CLAIRE Director 358 ·
2026-02-25 VERGNANO MARK P Director 23 ·
2026-02-25 BRENNAN DANIEL J Director 23 ·

Public filings, recorded as found. The full tape lives at Insider Intelligence.

The political ledger · congressional disclosures

Disclosures naming WAT
DatePoliticianPartyTypeAmount
6 Apr2026 Josh Gottheimer Democrat buy 1K–15K
29 May2026 Max Miller Republican sell 15K–50K
24 Apr2026 Scott Peters Democrat sell 50K–100K
2026-04-13 Ro Khanna Democrat Sale 1K–15K
2026-04-06 Josh Gottheimer Democrat Purchase 1K–15K

What holding actually paid · price plus dividends

If $1,000 had been placed · historical, not a promise
PeriodPrice thenPrice returnDivs per share$1,000 becameTotal return
1 month $348.07 +4.3% · $1,043 +4.3%
2 months $320.00 +13.5% · $1,135 +13.5%
3 months $283.32 +28.2% · $1,282 +28.2%
6 months $392.21 -7.4% · $926 -7.4%
1 year $349.84 +3.8% · $1,038 +3.8%
2 years $301.47 +20.5% · $1,205 +20.5%
3 years $249.28 +45.7% · $1,457 +45.7%
5 years $336.58 +7.9% · $1,079 +7.9%

Historical returns from market close data. Past performance does not guarantee future results.

This entry now belongs to the ledger. Whatever WAT does next, these words stay.

Waters Corporation · WAT · Markup · $365.36
Recorded 2026-05-15 · before the outcome · scored mechanically

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