Form 4: Zurn Elkay Water Solutions Corp: Officer Schoon Reports Stock Transactions
SEC Form 4 Filing
Jeffrey A. Schoon, President of Zurn Elkay Water Solutions Corp, reports the withholding of shares to cover tax obligations and holdings through a trust and 401(k) plan.
Summary
- On February 10, 2025, Jeffrey A. Schoon, President of Zurn Elkay Water Solutions Corp, reported transactions involving the company's common stock.
- 1,425 shares were withheld to satisfy tax obligations related to the vesting of restricted stock units at a price of $37.99 per share.
- Following the transaction, Schoon directly owns 15,724 shares.
- Schoon also indirectly owns 2,196 shares through a trust and 709 shares through a 401(k) plan.
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
- Shareholders are informed about insider transactions, promoting transparency.
- The transaction has a minor impact on the overall share structure.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Date of stock transaction (withholding of shares for tax obligations). |
| 02/12/2025 | Date of signature for the Form 4 filing. |
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