Form 4: Zurn Elkay Water Solutions CFO Reports Routine Stock Transaction for Tax Withholding
Insider Transaction Report
Zurn Elkay Water Solutions Corp's Chief Financial Officer, David J. Pauli, reported the disposition of 1,090 shares of common stock to cover tax obligations related to restricted stock unit vesting.
Summary
- David J. Pauli, Chief Financial Officer of Zurn Elkay Water Solutions Corp (ZWS), reported a transaction on July 11, 2025.
- 1,090 shares of common stock were disposed of at a price of $37.79 per share.
- This disposition was to satisfy tax withholding obligations associated with the vesting of restricted stock units.
- Following this transaction, David J. Pauli directly beneficially owns 60,359 shares of common stock.
- An additional 794 shares are indirectly beneficially owned through a 401(k) Plan.
- David J. Pauli also holds fully vested stock options to purchase 13,816 shares at $11.37 (expiring May 19, 2027), 5,757 shares at $14.22 (expiring May 25, 2028), and 6,136 shares at $33.05 (expiring October 5, 2031).
Sentiment
Score: 5
Explanation: The transaction is a routine disposition of shares for tax withholding purposes, which is a neutral event and does not indicate a change in company fundamentals or insider sentiment.
Positives
- The Chief Financial Officer continues to hold a significant number of shares (60,359 directly and 794 indirectly) and fully vested stock options, indicating continued alignment with shareholder interests.
- The reported beneficial ownership includes shares acquired under the Company's Employee Stock Purchase Plan in 2025, suggesting ongoing investment by the insider.
Negatives
- 1,090 shares were disposed of, reducing direct beneficial ownership, although this was for tax purposes.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Minimal impact on shareholders as the transaction is a routine disposition for tax purposes related to equity compensation, not a discretionary sale indicating a change in confidence.
Key Dates
| Date | Description |
|---|---|
| 2025-07-11 | Date of reported common stock transaction for tax withholding. |
| 2027-05-19 | Expiration date for stock options with an exercise price of $11.37. |
| 2028-05-25 | Expiration date for stock options with an exercise price of $14.22. |
| 2031-10-05 | Expiration date for stock options with an exercise price of $33.05. |
Keywords
Zurn Elkay Water Solutions Corp, ZWS, David J. Pauli, Chief Financial Officer, CFO, SEC Form 4, Insider Trading, Stock Transaction, Restricted Stock Units, Tax Withholding, Employee Stock Purchase Plan, Stock Options, Beneficial Ownership
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