Form 4: Zurn Elkay Director Acquires Shares as Compensation

Zurn Elkay Water Solutions Director David C. Longren acquired 582 shares of common stock on January 15, 2026, as part of his director fee compensation.

Summary

• David C. Longren, a Director of Zurn Elkay Water Solutions Corp (ZWS), acquired 582 shares of common stock.
• The transaction date for this acquisition is reported as January 15, 2026.
• The shares were acquired at a price of $47.27 per share.
• This acquisition represents payment of director fees in restricted stock units (RSUs).
• The RSUs vested immediately upon acquisition but will not be paid out until six months after Mr. Longren ceases service as a director.
• Following this transaction, Mr. Longren beneficially owns 94,710 shares of common stock directly.

Sentiment

Score: 6

Explanation: The acquisition of shares by a director, even as compensation, generally indicates alignment of interests with shareholders, though the amount is not substantial enough to signal strong conviction or significant new information.

Positives

• A director increasing their stake in the company, even through compensation, generally aligns their interests more closely with those of shareholders.

Future Outlook

The acquired restricted stock units, while immediately vested, are subject to a future payout condition, specifically six months after the reporting person's cessation of service as a director.

Management Comments

• The transaction reflects the company's established compensation structure for its directors, utilizing equity to align interests.

Industry Context

This is a routine insider transaction, common in publicly traded companies where directors receive a portion of their compensation in the form of equity, often through restricted stock units, to align their long-term interests with shareholders.

Related Party Transactions

• Acquisition of 582 shares of common stock by Director David C. Longren as payment for director fees, valued at $47.27 per share, which is a standard related-party compensation arrangement.

Stakeholder Impact

• Shareholders: Increased alignment of director's interests with shareholders due to increased equity ownership, potentially fostering long-term value creation.

Next Steps

• Payout of the acquired restricted stock units will occur six months after David C. Longren ceases service as a director.

Key Dates

Keywords

Zurn Elkay Water Solutions, ZWS, Form 4, Insider Transaction, Director Compensation, Restricted Stock Units, Equity Acquisition