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

Director Peggy Troy acquired 934 shares of Zurn Elkay Water Solutions Corp (ZWS) common stock as payment for director fees.

Summary

• Peggy Troy, a director of Zurn Elkay Water Solutions Corp (ZWS), acquired 934 shares of common stock on April 15, 2025.
• The shares were acquired as payment for director fees in the form of restricted stock units at a price of $29.45 per share.
• These restricted stock units vested immediately but will not be paid out until six months after Ms. Troy's cessation of service as a director.
• Following the transaction, Ms. Troy directly owns 59,691 shares of ZWS common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction, and while insider buying can be seen as positive, it's part of a compensation package.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

There is no specific future outlook provided in this document.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the holdings of company directors. It is common for directors to receive stock as part of their compensation.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals director confidence, but the effect is minimal due to the small number of shares involved.

Key Dates

Keywords

Zurn Elkay Water Solutions, Director, Peggy Troy, Share Acquisition, Director Fees, Restricted Stock Units, ZWS