Form 4: Zurn Elkay Water Solutions Director Acquires Shares as Director Fees

Emma M. McTague, a director at Zurn Elkay Water Solutions Corp, acquired 807 shares of common stock as payment for director fees.

Summary

• On April 15, 2025, Emma M. McTague, a director of Zurn Elkay Water Solutions Corp, acquired 807 shares of common stock.
• The shares were acquired as payment for director fees at a price of $29.45 per share.
• Following the transaction, McTague directly owns 15,475 shares of Zurn Elkay Water Solutions Corp.
• The restricted stock units vested immediately but will not be paid out until six months after McTague's cessation of service as a director.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction of a director receiving shares as compensation. It doesn't indicate any significant positive or negative implications for the company.

Positives

• The acquisition of shares by a director demonstrates confidence in the company.

Future Outlook

The restricted stock units will be paid out six months after the Reporting Person's cessation of service as a director.

Industry Context

Director share acquisitions are common and often reflect compensation structures within publicly traded companies. This transaction is a routine disclosure related to insider activity.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it shows director alignment with company performance.

Key Dates

Keywords

Zurn Elkay Water Solutions Corp, Director, Share Acquisition, Director Fees, Restricted Stock Units, Beneficial Ownership, Form 4, ZWS