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

David C. Longren, a director at Zurn Elkay Water Solutions Corp, acquired 934 shares of common stock as payment for director fees.

Summary

• On April 15, 2025, David C. Longren, a director of Zurn Elkay Water Solutions Corp, acquired 934 shares of common stock.
• The shares were acquired as payment for director fees in restricted stock units at a price of $29.45 per share.
• The restricted stock units vested immediately but will not be paid out until six months after Longren's cessation of service as a director.
• Following the transaction, Longren directly owns 92,784 shares of Zurn Elkay Water Solutions Corp.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a director increasing their stake in the company, which can be seen as a sign of confidence. However, it's a routine transaction related to compensation.

Positives

• The director's acquisition of shares demonstrates confidence in the company.

Future Outlook

The restricted stock units will not be paid out until six months after the Reporting Person's cessation of service as a director.

Industry Context

This is a routine disclosure related to director compensation and share ownership, common in publicly traded companies.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine director compensation matter.

Key Dates

Keywords

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