Form 4: Zurn Elkay Water Solutions CFO Reports Tax-Related Stock Disposal
SEC Form 4 Filing
David J. Pauli, CFO of Zurn Elkay Water Solutions, reports the disposal of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On February 10, 2025, David J. Pauli, the Chief Financial Officer of Zurn Elkay Water Solutions Corp, reported a transaction involving common stock.
- 642 shares were disposed of at a price of $37.99 to satisfy tax withholding obligations related to the vesting of restricted stock units.
- Following the transaction, Pauli directly owns 46,930 shares of common stock.
- Pauli also indirectly owns 416 shares through a 401(k) plan.
- Pauli also holds stock options to purchase shares of common stock at prices of $12.67, $11.37, $14.22 and $33.05.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a common transaction (tax-related stock disposal). It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates that the CFO disposed of shares to cover tax obligations, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Date of stock disposal transaction. |
| 02/12/2025 | Date of Form 4 filing. |
| 05/22/2025 | Expiration date of one of the stock option grants. |
| 05/19/2027 | Expiration date of one of the stock option grants. |
| 05/25/2028 | Expiration date of one of the stock option grants. |
| 10/05/2031 | Expiration date of one of the stock option grants. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.