Form 4: Zurn Elkay CAO Sells Shares for Tax Obligations

Zurn Elkay Water Solutions Corp's Chief Administrative Officer, Mark W. Peterson, sold 3,793 shares of common stock to cover tax withholding obligations.

Summary

• Mark W. Peterson, Chief Administrative Officer of Zurn Elkay Water Solutions Corp (ZWS), reported a transaction on February 11, 2026.
• Peterson sold 3,793 shares of ZWS common stock at a weighted average price of $51.48 per share.
• The sale was executed to satisfy tax withholding obligations and related fees associated with the vesting of restricted stock units.
• Following the transaction, Peterson directly beneficially owns 335,820 shares of common stock.
• Additionally, Peterson indirectly owns 5,303 shares through a 401(k) Plan.
• Peterson also holds a fully vested stock option to buy 33,481 shares of common stock at an exercise price of $33.05, expiring on October 5, 2031.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The transaction is a routine sale for tax purposes, not indicative of a change in sentiment towards the company's value or future performance.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

StockSavvy.ai notes that insider sales for tax withholding purposes are a common occurrence in executive compensation structures and typically do not reflect a change in management's outlook on the company's fundamentals or future prospects. Such transactions are often pre-scheduled under Rule 10b5-1 plans.

Stakeholder Impact

• Shareholders: The sale represents a minor reduction in direct insider ownership, but it is for a routine tax purpose and not a discretionary sale, thus having minimal impact on shareholder confidence.
• Employees: No direct impact on employees is indicated by this filing.

Key Dates

Recommendation

The transaction reported is a routine sale by an officer to cover tax obligations related to vested equity awards. It does not reflect a discretionary decision to reduce exposure to the company's stock based on new information or a change in outlook. Therefore, it provides no new fundamental information to warrant a change in investment recommendation, suggesting a 'hold' position for existing investors.

Keywords

Zurn Elkay Water Solutions, ZWS, Insider Trading, Form 4, Stock Sale, Tax Withholding, Restricted Stock Units, Officer Transaction