Form 4: Zurn Elkay Water Solutions Corp: CFO David J. Pauli Reports Stock Transactions
SEC Form 4 Filing
David J. Pauli, CFO of Zurn Elkay Water Solutions Corp, reports the withholding of shares to cover tax obligations and holdings in a 401(k) plan.
Summary
- On July 11, 2024, David J. Pauli, the Chief Financial Officer of Zurn Elkay Water Solutions Corp, reported a transaction involving common stock.
- 743 shares were disposed of to satisfy tax withholding obligations related to the vesting of restricted stock units at a price of $30 per share.
- Following the transaction, Pauli directly owns 42,779 shares of common stock.
- Pauli also indirectly owns 416 shares through a 401(k) plan.
- Pauli holds options to buy common stock at prices of $12.67, $11.37, $14.22 and $33.05 with a total of 29,777 shares.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't convey any particularly positive or negative sentiment about the company's performance or outlook.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It doesn't necessarily reflect a broader industry trend but rather individual financial management.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares being withheld for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 07/11/2024 | Date of stock transaction (disposal of shares for tax withholding). |
| 07/12/2024 | Date of signature for the Form 4 filing. |
| 05/22/2025 | Expiration date of one of the stock options. |
| 05/19/2027 | Expiration date of one of the stock options. |
| 05/25/2028 | Expiration date of one of the stock options. |
| 10/05/2031 | Expiration date of one of the stock options. |
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