Zurn Elkay (NYSE: ZWS) director receives 630 restricted stock units
Rhea-AI Filing Summary
CHRISTOPOUL THOMAS reported acquisition or exercise transactions in this Form 4 filing.
Zurn Elkay Water Solutions director Thomas Christopoul received an equity award of 630 shares of common stock, documented as restricted stock units valued at $47.63 per share. The units vested immediately but are payable six months after he ceases serving as a director, bringing his direct holdings to 118,435 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CHRISTOPOUL THOMAS
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 630 | $47.63 | $30K |
Holdings After Transaction:
Common Stock — 118,435 shares (Direct)
Footnotes (1)
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Key Figures
Equity award size: 630 shares
Award valuation price: $47.63 per share
Holdings after transaction: 118,435 shares
3 metrics
Equity award size
630 shares
Restricted stock unit grant to director on 2026-07-15
Award valuation price
$47.63 per share
Valuation used for the 630-share restricted stock unit award
Holdings after transaction
118,435 shares
Total direct common stock held by director after the award
Key Terms
restricted stock units, director fees, cessation of service
3 terms
restricted stock units financial
"Payment of director fees in <b>restricted stock units</b>, which vested immediately"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
director fees financial
"Payment of <b>director fees</b> in restricted stock units, which vested immediately"
cessation of service financial
"not paid out until six months after the Reporting Person's <b>cessation of service</b> as a director"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Zurn Elkay (ZWS) report for Thomas Christopoul?
Zurn Elkay reported that director Thomas Christopoul received an equity award of 630 restricted stock units tied to common stock. The award reflects payment of director fees and vested immediately, with payout deferred until six months after his service as a director ends.
Was the ZWS Form 4 transaction a market purchase by the director?
No, the transaction was a grant of restricted stock units as payment of director fees, not an open-market purchase. The units vested immediately and will be paid out as shares six months after the director’s cessation of service.
What is the valuation of the restricted stock units granted to the ZWS director?
The 630 restricted stock units were valued at $47.63 per share. This price is used to measure the equity award granted as director compensation and does not represent a separate cash transaction by the director in the market.