Zurn Elkay (ZWS) CIO gets 17,881-share award and sells 5,922 for taxes

Rhea-AI Filing Summary

Zurn Elkay Water Solutions Chief Information Officer Michael Troutman reported stock transactions related to performance-based awards. On February 6, 2026, he acquired 17,881 shares of common stock at no cost upon vesting of performance stock units covering the period from January 1, 2023 to December 31, 2025, including dividend equivalents.

On February 10, 2026, 5,922 shares were sold at a weighted average price of $51.8 per share to cover tax withholding and related fees from the vesting. After these transactions, Troutman directly owned 62,694 common shares, with an additional 1,890 shares held indirectly through a 401(k) plan.

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

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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^*

Troutman Michael

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Information Officer

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		17,881	A	(1)	68,386	D
Common Stock	02/10/2026		S		5,922(2)	D	$51.8(3)	62,694(4)	D
Common Stock								1,890	I	By 401(k) Plan(5)

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 $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.

4. Includes shares acquired under the Company's Employee Stock Purchase Plan in 2025.

5. Based on information from the trustee of the 401(k) Plan.

Remarks:

	/s/ Jeffrey J. LaValle under Power of Attorney for Michael Troutman	02/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transactions did Zurn Elkay (ZWS) report for Michael Troutman?

Michael Troutman reported a grant of 17,881 Zurn Elkay common shares from vested performance stock units and the sale of 5,922 shares. The sale was to cover tax withholding and related fees tied to the vesting event.

Why did Michael Troutman sell Zurn Elkay (ZWS) shares on February 10, 2026?

The 5,922 Zurn Elkay shares sold on February 10, 2026 were to satisfy tax withholding obligations and related fees. These obligations arose in connection with the vesting of performance stock units and related dividend equivalent shares.

How many Zurn Elkay (ZWS) shares does Michael Troutman own after these transactions?

After the reported transactions, Michael Troutman beneficially owned 62,694 Zurn Elkay common shares directly. He also had 1,890 additional shares held indirectly through a 401(k) plan, based on information from the plan’s trustee.

What was the price of Michael Troutman’s Zurn Elkay (ZWS) share sale?

The reported sale price was a weighted average of $51.8 per share for 5,922 Zurn Elkay shares. The sale was executed in multiple trades between $51.48 and $52.16, with the average price disclosed for reporting purposes.

How did Michael Troutman receive 17,881 Zurn Elkay (ZWS) shares at no cost?

He received 17,881 Zurn Elkay shares for no consideration upon the vesting of performance stock units. The award, including dividend equivalent rights, was based on company performance over a three-year period from January 1, 2023 to December 31, 2025.

Does Michael Troutman hold any Zurn Elkay (ZWS) shares through employee plans?

Yes. The filing notes his holdings include shares acquired under the company’s Employee Stock Purchase Plan in 2025 and 1,890 shares held indirectly through a 401(k) plan, based on information from the plan trustee.