Form 4: Zurn Elkay Director Acquires 2,900 Shares

Zurn Elkay Water Solutions Corp Director Jacques Donavon Butler acquired 2,900 shares of common stock through a restricted stock unit grant.

Summary

• Jacques Donavon Butler, a Director of Zurn Elkay Water Solutions Corp (ZWS), acquired 2,900 shares of common stock.
• The acquisition was a restricted stock unit (RSU) grant, which vested immediately.
• The payout for these RSUs is deferred until six months after Mr. Butler ceases service as a director.
• Following this transaction, Mr. Butler beneficially owns 35,471 shares of Zurn Elkay Water Solutions Corp common stock.
• The transaction date was February 10, 2026.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal. An increase in a director's stake, even through a grant, generally indicates alignment of interests and confidence in the company's long-term value, though it's less indicative of conviction than an open market purchase.

Positives

• A director increasing their beneficial ownership in the company, even through a grant, can signal confidence in the company's future prospects.
• The immediate vesting of the restricted stock units indicates a clear grant of ownership.

Industry Context

StockSavvy.ai notes that insider transactions, particularly acquisitions by directors, are often monitored by investors as they can provide insights into management's perception of the company's value and future performance. While this is a grant rather than an open market purchase, it still increases the director's vested interest in the company's success.

Related Party Transactions

• The restricted stock unit grant from Zurn Elkay Water Solutions Corp to its Director, Jacques Donavon Butler, constitutes a related party transaction.

Stakeholder Impact

• Shareholders may view the increased ownership by a director as a positive sign of management's commitment and belief in the company's future, potentially boosting investor confidence.

Next Steps

• Payout of the restricted stock units will occur six months after Jacques Donavon Butler ceases service as a director.

Key Dates

Keywords

Zurn Elkay Water Solutions Corp, ZWS, Insider Transaction, Form 4, Director Stock Acquisition, Restricted Stock Unit, Corporate Governance