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Zurn Elkay (ZWS) director Butler receives 2,900-share restricted stock grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.
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*
Butler Jacques Donavon

(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
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/10/2026
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 02/10/2026 A 2,900 A (1) 35,471 D
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. Restricted stock unit grant, which vested immediately, but is not paid out until six months after the Reporting Person's cessation of service as a director.
Remarks:
/s/ Jeffrey J. LaValle under Power of Attorney for Jacques Donavon Butler 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 transaction did Zurn Elkay (ZWS) report for Jacques Donavon Butler?

Zurn Elkay reported that director Jacques Donavon Butler acquired 2,900 shares of common stock on February 10, 2026. The shares came from a restricted stock unit grant recorded at $0.00 per share as stock-based compensation rather than an open-market purchase.

How many Zurn Elkay (ZWS) shares does Jacques Donavon Butler own after this Form 4?

After the reported transaction, Jacques Donavon Butler beneficially owns 35,471 shares of Zurn Elkay common stock. This reflects his direct ownership position immediately following the 2,900-share equity award reported in the Form 4 insider trading report.

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.

Did Jacques Donavon Butler pay cash for the 2,900 Zurn Elkay (ZWS) shares?

No cash was paid for these shares; the Form 4 lists a price of $0.00 per share. The 2,900 shares resulted from a vested restricted stock unit grant, reflecting non-cash, equity-based compensation granted to Butler in his capacity as a director.

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.

Is Jacques Donavon Butler a 10% owner of Zurn Elkay (ZWS) according to this filing?

No, the Form 4 identifies Jacques Donavon Butler solely as a director and not as a 10% owner. The reporting person checkbox indicates his relationship is as a board member, without marking him as holding at least ten percent of the company’s outstanding equity.
Zurn Elkay Water Solutions Corp

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Pollution & Treatment Controls
General Industrial Machinery & Equipment
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United States
MILWAUKEE