Form 4: Zurn Elkay President's Stock Transactions Reported

Zurn Elkay Water Solutions Corp President Jeffrey A. Schoon reported the acquisition of shares from vested performance units and subsequent sale of shares for tax obligations.

Summary

• Jeffrey A. Schoon, President of Zurn Elkay Water Solutions Corp, acquired 24,981 shares of common stock on February 6, 2026.
• These shares were acquired for no consideration upon the vesting of performance stock units, based on the company's performance during the three-year period from January 1, 2023, to December 31, 2025.
• Schoon subsequently sold 12,034 shares of common stock on February 10, 2026, at a weighted average price of $51.8 per share.
• The sale was conducted to satisfy tax withholding obligations and related fees in connection with the vesting of the performance stock units and related dividend shares.
• Following these transactions, Schoon directly beneficially owns 62,541 shares of common stock.
• Additionally, Schoon indirectly owns 2,196 shares through a trust and 846 shares through a 401(k) Plan.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral event with a slight positive undertone, as the vesting of performance stock units suggests the company met its performance targets, while the subsequent sale for tax purposes is a standard practice for executive compensation.

Positives

• President Jeffrey A. Schoon received 24,981 shares of common stock upon the vesting of performance stock units, indicating the achievement of performance targets for the period January 1, 2023, to December 31, 2025.

Negatives

• President Jeffrey A. Schoon sold 12,034 shares of common stock to cover tax withholding obligations, reducing his direct beneficial ownership.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that Form 4 filings are routine disclosures for insiders, reflecting changes in their beneficial ownership. These transactions, particularly sales for tax purposes, are common and generally do not indicate a change in management's long-term view of the company, but rather a standard part of equity compensation plans.

Stakeholder Impact

• Shareholders: The sale of shares by an insider slightly increases the float but is a routine tax-related transaction, unlikely to have a significant impact on share price or long-term value. The vesting of performance units indicates management's incentives are aligned with company performance.

Key Dates

Recommendation

This Form 4 filing details routine insider transactions related to executive compensation, specifically the vesting of performance stock units and the subsequent sale of shares to cover tax obligations. Such transactions are common and do not typically signal a change in the company's fundamental outlook or warrant a shift in investment strategy based solely on this information. Therefore, a "hold" recommendation is appropriate as this filing does not provide new material information to alter an existing investment thesis.

Keywords

Zurn Elkay Water Solutions Corp, ZWS, Form 4, Insider Trading, Executive Compensation, Performance Stock Units, Stock Ownership