Zurn Elkay (ZWS) director Butler receives 2,900-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zurn Elkay Water Solutions director equity grant: Director Jacques Donavon Butler reported an award of 2,900 shares of Zurn Elkay Water Solutions Corp common stock on February 10, 2026, coded as an acquisition at $0.00 per share, reflecting a stock-based compensation grant.
The grant comes from restricted stock units that vested immediately but will not be paid out until six months after Butler’s service as a director ends. Following this grant, Butler beneficially owns 35,471 shares of Zurn Elkay common stock in direct ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Butler Jacques Donavon
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,900 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 35,471 shares (Direct)
Footnotes (1)
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FAQ
What type of award is disclosed in this Zurn Elkay (ZWS) Form 4 filing?
The filing discloses a restricted stock unit award that converted into 2,900 shares of Zurn Elkay common stock. The units vested immediately but payment of the underlying shares is deferred until six months after the director’s cessation of service on the company’s board.
How is the restricted stock unit grant to the Zurn Elkay (ZWS) director structured?
The restricted stock unit grant vested immediately on the grant date but will not be paid out until six months after Butler’s service as a director ends. This structure ties actual share delivery to his eventual departure from the board, with vesting already completed.