Form 4: Zurn Elkay President Sells Shares for Tax Obligations

Zurn Elkay Water Solutions Corp's President, Jeffrey A. Schoon, sold 1,286 shares of common stock to cover tax withholding obligations.

Summary

• Jeffrey A. Schoon, President of Zurn Elkay Water Solutions Corp (ZWS), reported a transaction on February 11, 2026.
• Schoon sold 1,286 shares of ZWS common stock at a weighted average price of $51.54 per share.
• The sale was executed to satisfy tax withholding obligations and related fees associated with the vesting of performance stock units and related dividend shares.
• The transaction was conducted under a Rule 10b5-1 plan, indicating a pre-arranged sale.
• Following the transaction, Schoon directly beneficially owns 61,255 shares of common stock.
• Additionally, Schoon indirectly beneficially owns 2,196 shares through a Trust and 846 shares through a 401(k) Plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The sale is a routine, pre-planned transaction for tax purposes and does not reflect a change in the company's fundamental outlook or the executive's confidence.

Positives

• The transaction was executed under a Rule 10b5-1 plan, indicating a pre-arranged sale and not a discretionary decision based on new information.

Negatives

• The sale reduces the direct beneficial ownership of common stock by a key executive, though the amount is relatively small compared to total holdings.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance.

Industry Context

StockSavvy.ai notes that routine insider sales for tax purposes, especially when pre-arranged under a 10b5-1 plan, are common and generally do not signal a change in an executive's outlook on the company's prospects. This transaction is typical for executives receiving equity compensation.

Stakeholder Impact

• Shareholders: The sale represents a minor reduction in direct insider ownership, but due to its tax-related nature and 10b5-1 plan, it is unlikely to significantly impact shareholder perception or company valuation.

Key Dates

Recommendation

The filing details a routine, pre-planned sale of shares by an executive to cover tax obligations, which is a common occurrence and does not provide new fundamental information to warrant a change in investment recommendation. The transaction is not indicative of a shift in the company's prospects or the executive's long-term view.

Keywords

Zurn Elkay Water Solutions, ZWS, Form 4, Insider Trading, Stock Sale, Tax Withholding, Executive Compensation, Rule 10b5-1