Insider Sales at Zurn Elkay: 57,844 Shares Sold Recently, $2.6M Proceeds

Rhea-AI Filing Summary

Zurn Elkay Water Solutions Corp (ZWS) filed a Form 144 notice reporting a proposed sale of 2,156 common shares through Wells Fargo Clearing Services with an aggregate market value of $102,425.32, to be sold on 09/16/2025 on the NYSE. The filer acquired these shares in a merger on 07/01/2022. The filing also discloses multiple securities sales by the same account or related parties during the past three months totaling 57,844 shares sold on various dates between 07/30/2025 and 09/12/2025, generating aggregate gross proceeds of approximately $2.60 million. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information.

Insights

Securities Analyst

TL;DR: Insider-related selling disclosed; transaction sizes are modest relative to public float but recent sales total meaningful cash proceeds.

The Form 144 documents a proposed sale of 2,156 shares valued at about $102k and shows related insider/affiliate sales of 57,844 shares raising roughly $2.6M over the past six weeks. For analysts, the filing provides transparency on insider liquidity but does not on its own indicate company operational changes. The acquisition source is disclosed as a merger on 07/01/2022, confirming these are previously acquired shares rather than recent purchases. Impact is context-dependent on total shares outstanding and trading patterns; the filing gives clear, transaction-level disclosure required by Rule 144.

Corporate Governance Expert

TL;DR: Multiple insider sales in a short window can raise governance questions even if formally compliant.

The schedule of sales—five dispositions between 07/30/2025 and 09/12/2025—results in sizable gross proceeds (~$2.6M) and may prompt investors to seek management commentary on reasons for liquidity. The Form 144 includes the standard certification about lack of undisclosed material information; however, repeated filings for the same account or related trusts warrant attention to insider intent and patterns. The filing itself is routine disclosure but may be perceived negatively by some stakeholders.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Wells Fargo Clearing Services One North Jefferson Avenue St. Louis MO 63103	2156	102425.32	167552517	09/16/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	07/01/2022	Merger	Issuer			2156	07/01/2022	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Timothy J Jahnke 511 W. Freshwater Way Milwaukee WI 53204	Zurn Elkay Water Solutions Corporation	07/30/2025	10000	425589.06
Jahnke Dynasty TR 511 W Freshwater Way Milwaukee WI 53204	Zurn Elkay Water Solutions Corporation	07/31/2025	20000	873970.22
Timothy J Jahnke 511 W. Freshwater Way Milwaukee WI 53204	Zurn Elkay Water Solutions Corporation	08/04/2025	143	6423.71
Timothy J Jahnke 511 W. Freshwater Way Milwaukee WI 53204	Zurn Elkay Water Solutions Corporation	08/12/2025	9857	443804.26
Timothy J Jahnke 511 W. Freshwater Way Milwaukee WI 53204	Zurn Elkay Water Solutions Corporation	09/12/2025	17844	847861.80

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does ZWS Form 144 report for the proposed sale?

The filing reports a proposed sale of 2,156 common shares valued at $102,425.32, to be sold on 09/16/2025 on the NYSE.

How were the shares to be sold by the filer acquired?

The shares were acquired in a merger on 07/01/2022 according to the filing.

How many ZWS shares were sold by the filer or related parties in the past three months?

The filing lists sales of 57,844 shares between 07/30/2025 and 09/12/2025, with gross proceeds of approximately $2.60M.

Which broker is handling the proposed sale?

The proposed sale is listed with Wells Fargo Clearing Services, located in St. Louis, MO.

Does the Form 144 state whether the seller knows of any undisclosed material information?

Yes; by signing the notice the seller represents they do not know of any material adverse information that has not been publicly disclosed.