Form 4: Zurn Elkay Water Solutions Corp: Officer Chhabra Sells Shares After Option Exercise

Sudhanshu Chhabra, VP-Zurn Business Systems, exercised stock options and sold shares of Zurn Elkay Water Solutions Corp.

Summary

• On May 12, 2025, Sudhanshu Chhabra, VP-Zurn Business Systems at Zurn Elkay Water Solutions Corp, exercised stock options to acquire 25,921 shares of common stock at a price of $9.69 per share.
• Following the exercise, Chhabra sold the same 25,921 shares at a weighted average price of $37.19 per share, with individual sales prices ranging from $37.11 to $37.26.
• After these transactions, Chhabra directly owns 94,132 shares of Zurn Elkay Water Solutions Corp common stock and indirectly owns 2,088 shares through a 401(k) plan.
• Chhabra also holds options to purchase an additional 57,090 shares at prices of $11.37, $14.22 and $33.05.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of insider trading activity. The transactions themselves don't necessarily indicate a positive or negative outlook for the company.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the actions of company executives.

Stakeholder Impact

• The share sale by an officer could be perceived neutrally or slightly negatively by shareholders, depending on their interpretation of the executive's motivations.

Key Dates

Keywords

Zurn Elkay Water Solutions Corp, ZWS, Sudhanshu Chhabra, Stock Options, Form 4, Insider Trading, Share Sale, Beneficial Ownership