Form 4: Zurn Elkay Water Solutions Corp: Chief Information Officer Michael Troutman Reports Stock Transactions
SEC Form 4 Filing
Michael Troutman, Chief Information Officer of Zurn Elkay Water Solutions Corp, reports acquisition of common stock and holdings in derivative securities.
Summary
- On February 14, 2025, Michael Troutman, the Chief Information Officer of Zurn Elkay Water Solutions Corp, reported transactions involving the company's stock.
- Troutman acquired 2,820 shares of common stock.
- Following the reported transaction, Troutman directly owns 50,042 shares of common stock and indirectly owns 1,528 shares through a 401(k) plan.
- Troutman also holds stock options for 30,871 shares (exercisable at $9.69), 37,676 shares (exercisable at $11.37), 15,116 shares (exercisable at $14.22), and 7,253 shares (exercisable at $33.05).
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Date of common stock acquisition |
| 02/19/2025 | Date of Form 4 filing |
| 05/20/2026 | Expiration date of stock options exercisable at $9.69 |
| 05/19/2027 | Expiration date of stock options exercisable at $11.37 |
| 05/25/2028 | Expiration date of stock options exercisable at $14.22 |
| 10/05/2031 | Expiration date of stock options exercisable at $33.05 |
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