Zurn Elkay (ZWS) director Peggy Troy receives 607-share equity fee grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zurn Elkay Water Solutions Corp director Peggy Troy received an equity-based fee on April 15, 2026. She acquired 607 shares of Common Stock at $47.39 per share as a grant or award, bringing her direct holdings to 65,124 shares after the transaction.
The award represents payment of director fees in the form of restricted stock units. These units vested immediately, but will not be paid out in shares until six months after her service as a director ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Troy Peggy
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 607 | $47.39 | $29K |
Holdings After Transaction:
Common Stock — 65,124 shares (Direct)
Footnotes (1)
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Key Figures
Shares granted: 607 shares
Grant price per share: $47.39 per share
Total shares after transaction: 65,124 shares
3 metrics
Shares granted
607 shares
Director fee grant on April 15, 2026
Grant price per share
$47.39 per share
Value used for Common Stock award
Total shares after transaction
65,124 shares
Director’s direct holdings following the grant
Key Terms
restricted stock units, director fees, cessation of service
3 terms
restricted stock units financial
"Payment of director fees in restricted stock units, which vested immediately"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
director fees financial
"Payment of director fees in restricted stock units, which vested immediately"
cessation of service financial
"not paid out until six months after the Reporting Person's cessation of service as a director"
FAQ
What did director Peggy Troy report in the latest Form 4 for ZWS?
Peggy Troy reported receiving 607 shares of Zurn Elkay Water Solutions Corp Common Stock as a grant or award. The transaction reflects payment of director fees in restricted stock units that vested immediately but are paid out only after she ceases serving as a director.
Does the Form 4 for ZWS reflect a market purchase or a compensation grant?
The Form 4 reflects a compensation grant, not an open-market purchase. Peggy Troy acquired 607 shares as a grant or award tied to director fees, structured as restricted stock units with immediate vesting and deferred payout until after her board service ends.