Form 4: Zurn Elkay Director Acquires Shares as Compensation
Insider Transaction Report
Zurn Elkay Water Solutions Director Thomas Christopoul acquired 609 shares of common stock as part of director fee compensation.
Summary
- Thomas Christopoul, a Director of Zurn Elkay Water Solutions Corp (ZWS), acquired 609 shares of common stock.
- The transaction occurred on January 15, 2026, at a price of $47.27 per share.
- This acquisition was a payment of director fees in restricted stock units (RSUs), which vested immediately.
- The shares are not paid out until six months after Mr. Christopoul's cessation of service as a director.
- Following this transaction, Mr. Christopoul directly beneficially owns 114,271 shares of Zurn Elkay Water Solutions Corp common stock.
- The transaction was made pursuant to a Rule 10b5-1(c) plan.
Sentiment
Score: 7
Explanation: The acquisition of shares by a director, even as compensation, generally reflects continued alignment with shareholder interests and is a moderately positive signal.
Positives
- A director increasing their equity stake, even through compensation, generally indicates alignment of interests with shareholders.
- The immediate vesting of restricted stock units provides the director with immediate beneficial ownership.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This filing reports a routine insider transaction related to director compensation and does not provide broader industry context or trends.
Related Party Transactions
- The acquisition of 609 shares of common stock by Director Thomas Christopoul represents payment of director fees in restricted stock units, which is a transaction between the company and a related party (a director).
Stakeholder Impact
- Shareholders: The director's increased equity stake, even through compensation, may be viewed positively as it aligns the director's financial interests with those of other shareholders.
Key Dates
| Date | Description |
|---|---|
| 01/15/2026 | Date of transaction where 609 shares of common stock were acquired. |
| 01/16/2026 | Date the Form 4 was signed. |
Keywords
Zurn Elkay Water Solutions, ZWS, Insider Transaction, Form 4, Director Compensation, Stock Acquisition, Thomas Christopoul, Restricted Stock Units, Corporate Governance
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