Zurn Elkay (ZWS) Form 4: Director sale of 2,156 shares at $47.54

Rhea-AI Filing Summary

Timothy J. Jahnke, a director of Zurn Elkay Water Solutions Corp (ZWS), sold 2,156 shares of the issuer's common stock on 09/16/2025 under a Rule 10b5-1 plan at a weighted average price of $47.54 per share. Following the reported transaction, Mr. Jahnke directly beneficially owned 308,964 shares and indirectly beneficially owned 180,000 shares held by an irrevocable trust. The Form 4 was signed under power of attorney on 09/18/2025 and notes the sale was executed in multiple trades at prices ranging from $47.50 to $47.62.

Positive

• Transaction executed under a Rule 10b5-1 plan, indicating it was preplanned and reduces concerns about trading on nonpublic information
• Clear disclosure of weighted average sale price and trade range, improving transparency
• Reporting shows substantial remaining ownership with 308,964 shares direct and 180,000 shares indirect

Negative

• Director disposed of 2,156 shares, which is a reduction in direct beneficial ownership
• Form 4 filed under Power of Attorney rather than by the reporting person directly

Insights

Corporate Governance Expert

TL;DR: Routine, preplanned director sale under a 10b5-1 plan; does not by itself indicate governance issues.

The filing documents a small, prearranged disposition by a company director executed under a Rule 10b5-1 plan, which typically provides an objective defense against claims of trading on nonpublic information. The director remains a material shareholder with substantial direct and indirect holdings, which supports alignment with shareholders. The POA signature and explicit price range disclosure add transparency. No departures, new agreements, or unusual derivative activity are reported.

Securities Analyst

TL;DR: A routine insider sale of 2,156 shares at ~$47.54; effect on float and valuation is immaterial based on disclosed holdings.

The reported sale represents a modest reduction versus the director's total direct holding of 308,964 shares. The weighted average price and stated trade range provide clarity on execution. There is no accompanying exercise of options or derivative transactions disclosed, and no change to the reported indirect interest of 180,000 shares held in an irrevocable trust. This transaction appears administrative rather than indicative of company performance shifts.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

JAHNKE TIMOTHY J

(Last) (First) (Middle)

511 W. FRESHWATER WAY

(Street)

MILWAUKEE WI 53204

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Zurn Elkay Water Solutions Corp [ ZWS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/16/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/16/2025		S(1)		2,156	D	$47.54(2)	308,964	D
Common Stock								180,000	I	By irrevocable trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The transactions were executed pursuant to a Rule 10b5-1 plan.

2. This transaction was executed in multiple trades at prices ranging from $47.50 to $47.62. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated.

Remarks:

	/s/ Jeffrey J. LaValle, under Power of Attorney for Timothy J. Jahnke	09/18/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Timothy J. Jahnke report for ZWS?

The Form 4 reports a sale of 2,156 shares of Zurn Elkay Water Solutions Corp common stock on 09/16/2025.

At what price were the ZWS shares sold in the Form 4?

The sale was executed at a weighted average price of $47.54 per share, with trades ranging from $47.50 to $47.62.

How many ZWS shares does Jahnke own after the reported sale?

After the reported transaction, Jahnke directly beneficially owned 308,964 shares and indirectly owned 180,000 shares via an irrevocable trust.

Was the sale part of a prearranged trading plan?

Yes, the Form 4 states the transactions were executed pursuant to a Rule 10b5-1 plan.

When was the Form 4 signed and by whom?

The form was signed on behalf of Timothy J. Jahnke by Jeffrey J. LaValle, under Power of Attorney, dated 09/18/2025.