What is the nature of the 607-share award reported by ZWS director Peggy Troy?

The 607-share award is payment of director fees in restricted stock units. These units vest immediately but are not paid out as shares until six months after Peggy Troy’s cessation of service as a director, aligning compensation with continued board service.

At what price per share was Peggy Troy’s ZWS stock award valued?

The 607-share grant to Peggy Troy was valued at a price of $47.39 per share. This price is used in the Form 4 to report the transaction value for the Common Stock awarded as part of her director compensation at Zurn Elkay Water Solutions Corp.

Zurn Elkay director granted 607 ZWS shares

Zurn Elkay Water Solutions Corp director Peggy Troy received an equity-based fee on April 15, 2026.

Filing Impact

(Neutral)

Filing Sentiment

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Sentiment and the balance of points

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Form Type

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.

Insider Trade Summary

Grant/Award: 607 shares

Grant/Award 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)

F1. Payment of director fees in restricted stock units, which vested immediately, but is not paid out until six months after the Reporting Person's cessation of service as a director.

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

How many ZWS shares does Peggy Troy hold after this Form 4 transaction?

After the award, Peggy Troy directly holds 65,124 shares of Zurn Elkay Water Solutions Corp Common Stock. This total includes the 607-share grant reported in the filing, giving investors a clearer picture of her overall equity stake as a company 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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/17/2026 - 05:25 PM EDT

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^*

Troy Peggy

(Last)

(First)

(Middle)

511 W. FRESHWATER WAY

(Street)

MILWAUKEE

WISCONSIN

53204

(City)

(State)

(Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/15/2026		A		607⁽¹⁾	A⁽¹⁾	$47.39	65,124	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Payment of director fees in restricted stock units, 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 Peggy Troy	04/17/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR