Zurn Elkay (ZWS) investors approve directors, pay plan and Ernst & Young
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Zurn Elkay Water Solutions Corporation reported leadership and governance updates. The company announced that Sudhanshu Chhabra, Executive Vice President, Zurn Elkay Business Systems, will transition into an advisory role effective April 30, 2026.
At the April 30, 2026 Annual Meeting, stockholders elected three directors—Thomas D. Christopoul, Emma M. McTague, and Peggy N. Troy—to three-year terms ending at the 2029 Annual Meeting, each receiving over 92% of votes cast in favor. Stockholders also approved, on a non-binding advisory basis, the compensation of the company’s named executive officers, with 87.6% of votes cast in favor, and ratified Ernst & Young LLP as independent registered public accounting firm for fiscal 2026 with 98.1% support. There were 167,542,304 common shares eligible to vote as of the March 3, 2026 record date.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 5.02, 5.07
2 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Shares eligible to vote: 167,542,304 shares
Director vote – Emma M. McTague: 145,704,035 votes for
Director vote – Thomas D. Christopoul: 144,469,674 votes for
+4 more
7 metrics
Shares eligible to vote
167,542,304 shares
Outstanding common stock as of March 3, 2026 record date
Director vote – Emma M. McTague
145,704,035 votes for
Director election for term expiring at 2029 Annual Meeting
Director vote – Thomas D. Christopoul
144,469,674 votes for
Director election for term expiring at 2029 Annual Meeting
Director vote – Peggy N. Troy
140,086,587 votes for
Director election for term expiring at 2029 Annual Meeting
Say-on-pay support
87.6% for votes cast
Advisory vote on compensation of named executive officers
Auditor ratification support
98.1% for votes cast
Ratification of Ernst & Young LLP for fiscal 2026
Auditor ratification for votes
155,016,328 votes for
Ratification of Ernst & Young LLP as independent registered public accounting firm
Key Terms
non-binding, advisory basis, independent registered public accounting firm, broker non-votes, Annual Meeting of Stockholders, +1 more
5 terms
non-binding, advisory basis regulatory
"approved on a non-binding, advisory basis, the compensation of the Company’s named executive officers"
independent registered public accounting firm regulatory
"ratified the selection of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
broker non-votes financial
"Votes FOR | Votes Withheld | Broker Non-Votes | % of FOR Votes Cast"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
Annual Meeting of Stockholders regulatory
"The Company held its Annual Meeting of Stockholders on April 30, 2026"
record date regulatory
"eligible to vote as of March 3, 2026, the record date for the 2026 Annual Meeting"
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
FAQ
What leadership change did Zurn Elkay Water Solutions (ZWS) announce on April 30, 2026?
Zurn Elkay announced that Sudhanshu Chhabra, Executive Vice President, Zurn Elkay Business Systems, will move into an advisory role effective April 30, 2026. This shifts his responsibilities from an executive operating position to an advisory capacity within the company’s leadership structure.
Which directors were elected at Zurn Elkay Water Solutions’ 2026 Annual Meeting?
Stockholders elected Thomas D. Christopoul, Emma M. McTague, and Peggy N. Troy to the Board for terms expiring at the 2029 Annual Meeting. Each received strong support, with for-vote percentages of 94.9%, 95.7%, and 92.0%, respectively, indicating broad shareholder backing.
How did Zurn Elkay Water Solutions (ZWS) stockholders vote on executive compensation in 2026?
Stockholders approved, on a non-binding advisory basis, the compensation of Zurn Elkay’s named executive officers. The advisory proposal received 133,069,949 votes for, 18,889,005 against, 247,442 abstentions, and 5,902,052 broker non-votes, reflecting 87.6% of votes cast in favor.
Did Zurn Elkay Water Solutions’ stockholders ratify Ernst & Young LLP for fiscal 2026?
Yes. Stockholders ratified the selection of Ernst & Young LLP as independent registered public accounting firm for fiscal 2026. The vote totaled 155,016,328 for approval, 3,013,555 against, and 78,567 abstentions, with 98.1% of votes cast supporting the ratification.
What were the key stockholder proposals at Zurn Elkay Water Solutions’ 2026 Annual Meeting?
Key proposals were the election of three directors for terms expiring in 2029, an advisory vote on named executive officer compensation, and ratification of Ernst & Young LLP as independent registered public accounting firm for fiscal 2026. All three proposals received stockholder approval.