Form 4: Zurn Elkay Director Sells Shares Under 10b5-1 Plan
Insider Transaction Report
Zurn Elkay Water Solutions Corp Director Timothy J. Jahnke sold 2,156 shares of common stock for a weighted average price of $47.54 per share, executed under a Rule 10b5-1 plan.
Summary
- Timothy J. Jahnke, a Director of Zurn Elkay Water Solutions Corp (ZWS), sold 2,156 shares of common stock.
- The transaction occurred on September 16, 2025, at a weighted average price of $47.54 per share.
- The sale was executed pursuant to a pre-arranged Rule 10b5-1 trading plan.
- Following this transaction, Mr. Jahnke directly beneficially owns 308,964 shares of common stock.
- Additionally, Mr. Jahnke indirectly beneficially owns 180,000 shares through an irrevocable trust.
- The shares were sold in multiple trades at prices ranging from $47.50 to $47.62.
Sentiment
Score: 5
Explanation: The sale of shares by a director, while a reduction in insider holdings, was executed under a pre-arranged Rule 10b5-1 plan, which suggests the transaction was not based on new material non-public information. This is a routine disclosure.
Negatives
- A Director, Timothy J. Jahnke, reduced his direct beneficial ownership by selling 2,156 shares of common stock.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: Minor reduction in direct insider ownership, though mitigated by the pre-arranged 10b5-1 plan.
Key Dates
| Date | Description |
|---|---|
| 09/16/2025 | Date of common stock sale transaction by Timothy J. Jahnke. |
| 09/18/2025 | Date the Statement of Changes in Beneficial Ownership (Form 4) was signed. |
Recommendation
holdThe sale of a relatively small number of shares by a director under a pre-arranged 10b5-1 plan is a routine event and does not typically signal a significant change in the company's fundamentals or outlook. It is unlikely to warrant a change in investment posture.
Keywords
Zurn Elkay Water Solutions, ZWS, Timothy J. Jahnke, Form 4, insider trading, stock sale, director, 10b5-1 plan
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