Form 4: Zurn Elkay Water Solutions Corp: Officer Mark W. Peterson Reports Stock Sale

Sentiment:

SEC Form 4 Filing


Mark W. Peterson, Chief Administrative Officer of Zurn Elkay Water Solutions Corp, reports the sale of 7,000 shares of common stock at an average price of $37.31.

Summary

  • On May 13, 2025, Mark W. Peterson, Chief Administrative Officer of Zurn Elkay Water Solutions Corp, sold 7,000 shares of common stock.
  • The sale was executed at a weighted average price of $37.31 per share, with individual trades ranging from $37.18 to $37.40.
  • Following the transaction, Peterson directly owns 382,618 shares of common stock.
  • Peterson also indirectly owns 5,312 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: This is a neutral disclosure of an insider stock sale. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for officers of publicly traded companies. It provides transparency to investors regarding the buying and selling of company stock by its executives.

Comparison to Industry Standards

  • Form 4 filings are standard practice for publicly traded companies and their insiders, as mandated by the SEC.
  • The information disclosed is consistent with what is expected in such filings, including details of the transaction, the number of shares involved, and the reporting person's remaining holdings.

Stakeholder Impact

  • The sale of shares by an officer could be perceived negatively by some shareholders, but it is a common occurrence and doesn't necessarily reflect a negative outlook on the company.

Key Dates

DateDescription
10/05/2031Expiration date of stock options
05/13/2025Date of stock sale transaction
05/14/2025Date of Form 4 filing

Keywords

Form 4, Zurn Elkay Water Solutions Corp, ZWS, insider trading, stock sale, Mark W. Peterson, Chief Administrative Officer, beneficial ownership

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