STOCK TITAN

Zurn Elkay (ZWS) CEO awarded 569,734 shares, sells stock for taxes

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

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.
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
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
ADAMS TODD A.

(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
X Officer (give title below) Other (specify below)
Chairman and CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/06/2026
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 02/06/2026 A 569,734 A (1) 2,795,081 D
Common Stock 02/09/2026 S 263,347(2) D $52.68(3) 2,531,734 D
Common Stock 02/10/2026 S 5,050(2) D $51.8(4) 2,526,684 D
Common Stock 02/10/2026 S 270,000 D $51.78(5) 2,256,684 D
Common Stock 5,640 I By 401(k) Plan(6)
Common Stock 1,200 I By SEP IRA
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. 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).
2. Shares were sold to satisfy tax withholding obligations and related fees in connection with the vesting of performance stock units and related dividend shares.
3. 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.
4. 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.
5. 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.
6. Based on information from the trustee of the 401(k) Plan.
Remarks:
/s/ Jeffrey J. LaValle under Power of Attorney for Todd A. Adams 02/10/2026
** 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 transactions did Zurn Elkay (ZWS) CEO Todd Adams report on February 2026 Form 4?

Todd Adams reported vesting of performance stock units into 569,734 common shares on February 6, 2026, then sales of 263,347 shares on February 9 and 5,050 plus 270,000 shares on February 10, 2026, mainly to cover tax withholding obligations and related fees.

How many Zurn Elkay (ZWS) shares did Todd Adams acquire from performance stock units?

He acquired 569,734 Zurn Elkay common shares for no cash consideration on February 6, 2026. The shares came from vesting of performance stock units, including dividend equivalent rights, based on company performance over a three-year period from January 1, 2023 through December 31, 2025.

Why did Zurn Elkay (ZWS) CEO Todd Adams sell shares in February 2026?

The filing states the shares were sold to satisfy tax withholding obligations and related fees. These obligations arose in connection with the vesting of performance stock units and related dividend shares that were converted into common stock based on the company’s multi-year performance period.

At what prices did Todd Adams sell Zurn Elkay (ZWS) shares in February 2026?

He sold 263,347 shares at a weighted average price of $52.68 on February 9, 2026. On February 10, 2026, he sold 5,050 shares at $51.80 and 270,000 shares at $51.78, with each transaction executed through multiple trades within specified price ranges.

How many Zurn Elkay (ZWS) shares does Todd Adams own after these transactions?

After the reported transactions, he directly owned 2,256,684 shares of Zurn Elkay common stock. In addition, he indirectly held 5,640 shares through a 401(k) plan and 1,200 shares through a SEP IRA, according to the ownership table in the filing.

What roles does Todd Adams hold at Zurn Elkay (ZWS) according to this Form 4?

Todd Adams is identified as both a director and an officer of Zurn Elkay Water Solutions Corp. His specific officer title in the filing is Chairman and CEO, indicating he serves as both board chair and the company’s chief executive officer.
Zurn Elkay Water Solutions Corp

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7.84B
144.98M
Pollution & Treatment Controls
General Industrial Machinery & Equipment
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United States
MILWAUKEE