Zurn Elkay (ZWS) CEO awarded 569,734 shares, sells stock for taxes
Rhea-AI Filing Summary
Zurn Elkay Water Solutions chairman and CEO Todd A. Adams reported equity award vesting and related share sales. On February 6, 2026, he acquired 569,734 shares of common stock for no cash consideration upon the vesting of performance stock units tied to company performance from January 1, 2023 through December 31, 2025, including dividend equivalent shares.
To satisfy tax withholding obligations and related fees from this vesting, he sold 263,347 shares on February 9, 2026 at a weighted average price of $52.68, and on February 10, 2026 sold 5,050 shares at $51.80 and 270,000 shares at $51.78, all in market transactions executed in multiple trades within stated price ranges. After these transactions, he directly owned 2,256,684 common shares, with additional indirect holdings of 5,640 shares through a 401(k) plan and 1,200 shares through a SEP IRA.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,050 | $51.80 | $262K |
| Sale | Common Stock | 270,000 | $51.78 | $13.98M |
| Sale | Common Stock | 263,347 | $52.68 | $13.87M |
| Grant/Award | Common Stock | 569,734 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Acquisition of shares, including shares received for accrued dividend equivalent rights, for no consideration upon the vesting of performance stock units, based on Zurn Elkay Water Solutions Corporation's performance during three year performance period (January 1, 2023 -December 31, 2025). Shares were sold to satisfy tax withholding obligations and related fees in connection with the vesting of performance stock units and related dividend shares. This transaction was executed in multiple trades at prices ranging from $52.16 to $53.14 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. This transaction was executed in multiple trades at prices ranging from $51.48 to $52.16. 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. This transaction was executed in multiple trades at prices ranging from $51.45 to $52.69. 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. Based on information from the trustee of the 401(k) Plan.