Form 4: Zurn Elkay Director Peggy Troy Acquires Shares

Zurn Elkay Water Solutions Corp director Peggy Troy acquired 582 shares of common stock at $47.27 per share as payment for director fees, a transaction pre-planned under Rule 10b5-1(c).

Summary

• Peggy Troy, a director of Zurn Elkay Water Solutions Corp (ZWS), acquired 582 shares of common stock.
• The transaction occurred on January 15, 2026, at a price of $47.27 per share.
• This acquisition represents payment of director fees in restricted stock units, which vested immediately.
• The shares will not be paid out until six months after Ms. Troy ceases service as a director.
• Following this transaction, Ms. Troy beneficially owns 61,617 shares directly.
• The transaction was made pursuant to a pre-planned contract or instruction under Rule 10b5-1(c).

Sentiment

Score: 6

Explanation: The filing reports a routine, pre-planned insider acquisition of shares as compensation, which is generally a neutral to slightly positive signal of alignment between management and shareholders. No significant positive or negative news is conveyed.

Positives

• Director Peggy Troy's acquisition of shares demonstrates continued alignment of her interests with those of shareholders.
• The transaction is part of a pre-planned Rule 10b5-1(c) plan, indicating a structured approach to compensation and reducing concerns about opportunistic trading.
• The immediate vesting of restricted stock units provides a clear benefit to the director.

Future Outlook

This Form 4 does not contain forward-looking statements or guidance beyond the vesting and payout conditions of the restricted stock units.

Industry Context

This is a routine insider transaction filing. It reflects standard corporate governance practices where directors receive equity compensation. It does not provide broader industry trends or competitive analysis.

Comparison to Industry Standards

• The use of restricted stock units (RSUs) as director compensation is a common practice across many industries, aligning director interests with long-term shareholder value.
• The implementation of a Rule 10b5-1(c) plan for such transactions is also standard best practice for corporate insiders, demonstrating a commitment to ethical trading and avoiding accusations of trading on material non-public information.

Corporate Governance

Stakeholder Impact

• Shareholders: The acquisition by a director, especially under a 10b5-1 plan, can be seen as a positive signal of confidence in the company's future, aligning director interests with shareholder value.
• Employees: No direct impact on employees is indicated.
• Customers/Suppliers/Creditors: No direct impact on these stakeholders is indicated.

Next Steps

• The shares will be paid out six months after Peggy Troy's cessation of service as a director.

Key Dates

Recommendation

This Form 4 filing reports a routine, pre-planned insider transaction related to director compensation. While it shows alignment of interests, it does not provide new fundamental information about the company's operational performance, strategic direction, or financial health that would warrant a change in investment recommendation. It's a standard disclosure that typically has minimal impact on stock price.

Keywords

Zurn Elkay Water Solutions, ZWS, Peggy Troy, Director, Insider Trading, Form 4, Stock Acquisition, Restricted Stock Units, RSU, 10b5-1 plan, Corporate Governance