Form 4 filing overview: On 07/11/2025, Zurn Elkay Water Solutions Corp. (ZWS) Chief Financial Officer David J. Pauli reported an automatic share disposition (Code F) related to the vesting of restricted stock units. A total of 1,090 common shares were withheld at $37.79 per share to cover federal tax obligations. Following the transaction, Pauli directly owns 60,359 common shares and indirectly holds 794 shares through the company 401(k) plan.
The filing also discloses previously granted, fully-vested stock options:
- 13,816 options exercisable at $11.37 (exp. 05/19/2027)
- 5,757 options exercisable at $14.22 (exp. 05/25/2028)
- 6,136 options exercisable at $33.05 (exp. 10/05/2031)
Investment relevance: Code F transactions are non-discretionary; they do not indicate a voluntary sale of shares. The CFO maintains a sizeable equity stake, and no open-market purchases or discretionary sales were reported. Overall, the filing is classified as routine insider activity with limited market impact.