Form 4: Zurn Elkay Director Schedules Share Sale Under 10b5-1 Plan
Insider Transaction Report
Zurn Elkay Water Solutions Corp Director Timothy J. Jahnke has scheduled the sale of 17,844 shares of common stock for $47.55 per share on September 12, 2025, pursuant to a pre-arranged Rule 10b5-1 trading plan.
Summary
- Director Timothy J. Jahnke of Zurn Elkay Water Solutions Corp (ZWS) has scheduled the sale of 17,844 shares of common stock.
- The transaction is scheduled to occur on September 12, 2025.
- The shares are planned to be sold at a weighted average price of $47.55 per share, with trades ranging from $47.50 to $47.60.
- This scheduled sale is executed under a pre-arranged Rule 10b5-1 trading plan.
- Following the scheduled transaction, Mr. Jahnke will directly own 311,120 shares and indirectly own 180,000 shares through an irrevocable trust.
Sentiment
Score: 5
Explanation: The filing reports a pre-scheduled sale of shares by a director under a Rule 10b5-1 plan, set for a future date. This type of transaction is generally considered neutral as the decision to sell was made in advance and is not indicative of immediate insider sentiment or new material information.
Negatives
- A director has scheduled the sale of a notable number of shares (17,844) of company stock, which could be perceived as a neutral to slightly negative signal, even though it is pre-planned.
Future Outlook
The filing reports a pre-scheduled transaction under a Rule 10b5-1 plan for a future date, indicating a planned reduction in direct insider ownership. No other forward-looking statements or guidance are provided.
Industry Context
This Form 4 filing reports an individual insider transaction and does not provide broader industry context or trends.
Related Party Transactions
- Director Timothy J. Jahnke, a related party, has scheduled the sale of 17,844 shares of Zurn Elkay Water Solutions Corp common stock.
Stakeholder Impact
- Shareholders: May interpret the scheduled sale as a neutral to slightly negative signal regarding insider confidence, though the 10b5-1 plan reduces this impact as it is pre-arranged and not based on immediate market conditions.
Key Dates
| Date | Description |
|---|---|
| 09/12/2025 | Date of earliest transaction (scheduled sale of common stock by Director Timothy J. Jahnke). |
Keywords
Zurn Elkay Water Solutions, ZWS, Timothy J. Jahnke, Director, Insider Sale, Form 4, 10b5-1 Plan, Common Stock
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