Why and when to watermark a PDF
Watermarking is a soft form of document control. It does not encrypt or restrict access, but it makes the status of the document visually obvious to anyone looking at it. A DRAFT watermark tells a reader the document is not final. A CONFIDENTIAL watermark warns that distribution is limited. A faint company logo across every page signals authorship.
Watermarks are also useful for tracing leaks: a small recipient identifier — initials, email, or client name — stamped on each copy makes it possible to identify the source if the PDF is later shared without permission.