Director Longren receives 2,900-share equity grant at Zurn Elkay (NYSE: ZWS)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zurn Elkay Water Solutions director David C. Longren received 2,900 shares of common stock on a restricted stock unit grant dated February 10, 2026. The grant vested immediately but will not be paid out until six months after he stops serving as a director. Following this award, he beneficially owns 97,610 shares of Zurn Elkay common stock in direct ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Longren David C.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,900 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 97,610 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Zurn Elkay (ZWS) report for David C. Longren?
Zurn Elkay reported that director David C. Longren acquired 2,900 shares of common stock as part of a restricted stock unit grant. The award vested immediately on February 10, 2026 and increased his directly owned stake to 97,610 shares.
Was the February 10, 2026 ZWS insider grant a cash purchase or equity award?
The February 10, 2026 transaction for Zurn Elkay director David C. Longren was an equity award, not a cash purchase. He received 2,900 common shares at a reported price of $0.0000 per share, reflecting a restricted stock unit grant rather than an open-market buy.
When do David C. Longren’s Zurn Elkay restricted stock units get paid out?
The restricted stock unit grant to director David C. Longren vested immediately on February 10, 2026. However, the units are not paid out in shares until six months after he ceases serving as a director, delaying actual delivery of the stock despite immediate vesting.
What does transaction code “A” mean in the Zurn Elkay (ZWS) Form 4 filing?
In the Zurn Elkay Form 4, transaction code “A” indicates an acquisition of securities by director David C. Longren. Here, it represents the award of 2,900 common shares through a restricted stock unit grant, rather than a sale or open-market purchase of existing shares.