Form 4: Zurn Elkay Water Solutions Corp: Executive Mark W. Peterson Reports Changes in Beneficial Ownership

Mark W. Peterson, Chief Administrative Officer of Zurn Elkay Water Solutions Corp, reports changes in beneficial ownership of company stock due to tax withholding obligations and holdings in a 401(k) plan.

Summary

• On February 10, 2025, Mark W. Peterson, Chief Administrative Officer of Zurn Elkay Water Solutions Corp, reported changes in his beneficial ownership of the company's common stock.
• 2,750 shares were disposed of to satisfy tax withholding obligations related to the vesting of restricted stock units at a price of $37.99 per share.
• Following the transaction, Peterson directly owns 381,160 shares of common stock.
• Peterson also indirectly owns 4,930 shares through a 401(k) plan.
• Peterson also owns options to buy 33,481 shares of common stock at an exercise price of $33.05, which are fully vested and expire on October 5, 2031.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document is a standard SEC filing reporting changes in beneficial ownership. It doesn't inherently indicate positive or negative sentiment.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in company stock. It allows investors to monitor the actions of key personnel and their alignment with company performance.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it reflects routine tax-related stock disposals by an executive.

Key Dates