Zurn Elkay (NYSE: ZWS) director awarded 604 stock units as fees
Rhea-AI Filing Summary
Troy Peggy reported acquisition or exercise transactions in this Form 4 filing.
Troy Peggy, a director of Zurn Elkay Water Solutions Corp, received a grant of 604 restricted stock units linked to Common Stock on 2026-07-15 at a reference value of $47.63 per share as payment of director fees. The units vested immediately but will be delivered six months after service as a director ends, bringing reported holdings in this class to 65,728 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Troy Peggy
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 604 | $47.63 | $29K |
Holdings After Transaction:
Common Stock — 65,728 shares (Direct)
Footnotes (1)
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Key Figures
Shares granted: 604 shares
Grant value per share: $47.63 per share
Shares owned after transaction: 65,728 shares
+1 more
4 metrics
Shares granted
604 shares
Restricted stock units granted to director on 2026-07-15
Grant value per share
$47.63 per share
Reference value for the restricted stock unit grant
Shares owned after transaction
65,728 shares
Reported beneficial ownership of this class following the grant
Deferral period
6 months
Restricted stock units payable six months after cessation of service as director
Key Terms
restricted stock units, vested, cessation of service
3 terms
restricted stock units financial
"Payment of director fees in restricted stock units, which vested"
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.
vested financial
"restricted stock units, which vested immediately, but is not paid"
cessation of service financial
"until six months after the Reporting Person's cessation of service"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Troy Peggy acquire in the latest ZWS insider transaction?
Troy Peggy acquired 604 restricted stock units linked to Zurn Elkay Water Solutions Corp Common Stock. These units represent payment of director fees and carry a reference value of $47.63 per share, according to the reported insider transaction details.
When did the recent ZWS insider stock grant to Troy Peggy occur?
The stock grant to Troy Peggy occurred on 2026-07-15. On that date, the director received 604 restricted stock units as compensation for board service, with the units vesting immediately but scheduled for later delivery after board service ends.
What are the vesting and payment terms of Troy Peggy’s ZWS restricted stock units?
The 604 restricted stock units vested immediately on grant. However, they are not paid out until six months after Troy Peggy’s cessation of service as a director, meaning share delivery is deferred until after board service ends.
Was Troy Peggy’s ZWS insider transaction under a Rule 10b5-1 trading plan?
The insider report does not indicate that Troy Peggy’s transaction was made under a Rule 10b5-1 trading plan. It is reported simply as a grant or award of restricted stock units for director fees, rather than a pre-arranged trading program.