Form 4: Zurn Elkay Director Acquires Shares as Part of Compensation

Zurn Elkay Water Solutions Corp Director David C. Longren acquired 754 shares of common stock as part of director fee compensation, increasing his direct beneficial ownership to 93,538 shares.

Summary

• David C. Longren, a Director of Zurn Elkay Water Solutions Corp (ZWS), acquired 754 shares of common stock.
• The transaction occurred on July 15, 2025, at a price of $36.48 per share.
• This acquisition was for director fees paid in restricted stock units, which vested immediately.
• The shares are not paid out until six months after Longren ceases service as a director.
• Following this transaction, Longren directly beneficially owns 93,538 shares of ZWS common stock.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director, even as part of compensation, generally indicates alignment of interests with shareholders and confidence in the company's long-term prospects.

Positives

• Director David C. Longren increased his direct beneficial ownership in Zurn Elkay Water Solutions Corp by acquiring 754 shares.
• The acquisition of shares as part of director compensation aligns the director's interests with those of shareholders.

Future Outlook

This Form 4 filing reports a specific insider transaction and does not contain forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This Form 4 filing details a routine insider transaction related to director compensation and does not provide specific information to analyze broader industry trends or competitive landscape.

Related Party Transactions

• The acquisition of 754 shares of common stock by Director David C. Longren represents payment of director fees in restricted stock units, which is a form of compensation from the issuer to a related party.

Stakeholder Impact

• Shareholders: The transaction increases the direct beneficial ownership of a director, potentially signaling alignment of interests between management and shareholders.

Next Steps

• The acquired restricted stock units will be paid out to the reporting person six months after their cessation of service as a director.

Key Dates

Recommendation

Keywords

Zurn Elkay Water Solutions, ZWS, Form 4, Insider Transaction, Director Compensation, Stock Acquisition, David C. Longren, Restricted Stock Units