Zurn Elkay (NYSE: ZWS) CFO nets shares after PSU vesting
Rhea-AI Filing Summary
Zurn Elkay Water Solutions Corp. Chief Financial Officer David J. Pauli reported equity activity tied to long-term incentives. On February 6, 2026, he acquired 15,778 shares of common stock for no consideration upon vesting of performance stock units based on a three-year performance period from January 1, 2023 to December 31, 2025, including dividend equivalent shares. On February 10, 2026, he sold 7,639 shares of common stock at a weighted average price of $51.80 per share to satisfy tax withholding obligations and related fees from that vesting. After these transactions, he directly owned 66,807 common shares and an additional 794 shares through a 401(k) plan. He also held fully vested stock options to purchase 13,816, 5,757, and 6,136 shares at exercise prices of $11.37, $14.22, and $33.05, expiring in 2027, 2028, and 2031.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,639 | $51.80 | $396K |
| Grant/Award | Common Stock | 15,778 | $0.00 | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
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. Based on information from the trustee of the 401(k) Plan. Option fully vested.