Management Change/Compensation Form 8 K

On November 14, 2024, Watsco, Inc., a Florida corporation (the "Company"), entered into an amended and restated twenty-fifth amendment (the "A&R Amendment") to that certain Employment Agreement and Incentive Plan, dated January 31, 1996, between the Company and the Company's Chairman and CEO, Albert H. Nahmad (as amended, the "Employment Agreement"). Pursuant to the A&R Amendment, the maximum amount of Mr. Nahmad's potential performance-based stock award for the year ending December 31, 2024, payable solely in the form of a restricted stock grant with cliff-vesting on October 15, 2032, has been increased from $10.0 to $20.0 million. The A&R Amendment effected no other changes to the Employment Agreement.

The foregoing description of the A&R Amendment is only a summary and is qualified in its entirety by reference to the full text of the A&R Amendment, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-Kand incorporated by reference in this Item 5.02.