Form 4: Director David C. Longren Acquires ZWS Shares
Statement of Changes in Beneficial Ownership
Director David C. Longren acquired 607 shares of Zurn Elkay Water Solutions Corp as part of a director fee payment.
Summary
- Director David C. Longren received 607 shares of Zurn Elkay Water Solutions Corp (ZWS) common stock.
- The transaction occurred on April 15, 2026, at a price of $47.39 per share.
- The acquisition represents payment of director fees in the form of restricted stock units.
- The units vested immediately but are subject to a payout delay until six months after the director ceases service.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it represents routine director compensation rather than a strategic shift or market-moving insider activity.
Positives
- Demonstrates alignment of interests between the director and shareholders through equity-based compensation.
Negatives
- None identified.
Risks
- None identified.
Future Outlook
Not applicable as this is a routine disclosure of director compensation.
Industry Context
StockSavvy.ai notes that this filing is a standard regulatory disclosure regarding director compensation and does not indicate a change in corporate strategy or operational performance.
Comparison to Industry Standards
- The use of restricted stock units for director compensation is a standard practice among S&P 400 and similar mid-cap industrial companies to ensure long-term alignment with shareholder interests.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard equity-based compensation arrangement.
Next Steps
- No further actions required by the reporting person.
Key Dates
| Date | Description |
|---|---|
| 04/15/2026 | Date of the transaction involving the acquisition of common stock. |
| 04/17/2026 | Date the Form 4 was signed and filed. |
Keywords
Zurn Elkay Water Solutions, ZWS, Insider Trading, Form 4, Director Compensation
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