Zurn Elkay (ZWS) president gets PSU shares, sells portion to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zurn Elkay Water Solutions Corp President Jeffrey A. Schoon reported equity changes tied to performance-based awards and related tax obligations. On February 6, 2026, he acquired 24,981 shares of common stock for no cash consideration upon vesting of performance stock units based on a three-year performance period ending December 31, 2025.
On February 10, 2026, he sold 12,034 common shares at a weighted average price of $51.80 to cover tax withholding and related fees from the vesting. Following these transactions, he holds 62,541 common shares directly, plus 2,196 shares indirectly via a trust and 846 shares via a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 12,034 shares ($623,361)
Net Sell
4 txns
Insider
Schoon Jeffrey A
Role
President
Sold
12,034 shs ($623K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 12,034 | $51.80 | $623K |
| Grant/Award | Common Stock | 24,981 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 62,541 shares (Direct);
Common Stock — 2,196 shares (Indirect, By Trust)
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 $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. Includes shares acquired under the Company's Employee Stock Purchase Plan in 2025. Based on information from the trustee of the 401(k) Plan.
FAQ
What insider transactions did Zurn Elkay (ZWS) President Jeffrey A. Schoon report?
Jeffrey A. Schoon reported acquiring 24,981 Zurn Elkay common shares from vested performance stock units, then selling 12,034 shares. The sale was to cover tax withholding and related fees, leaving him with substantial direct and indirect share ownership in the company.
What performance period governed Jeffrey A. Schoon’s vested ZWS performance stock units?
The vested performance stock units were based on Zurn Elkay Water Solutions Corporation’s performance over a three-year period. That period ran from January 1, 2023 through December 31, 2025, determining the number of shares ultimately delivered to Jeffrey A. Schoon.