CHRISTOPOUL THOMAS reported acquisition or exercise transactions in this Form 4 filing.
Zurn Elkay Water Solutions director Thomas Christopoul received an equity award of 630 shares of common stock, documented as restricted stock units valued at $47.63 per share. The units vested immediately but are payable six months after he ceases serving as a director, bringing his direct holdings to 118,435 shares.
MOORE GEORGE C reported acquisition or exercise transactions in this Form 4 filing.
Zurn Elkay Water Solutions Corp director George C. Moore reported a grant of 657 shares of common stock, representing payment of director fees in restricted stock units valued at $47.63 per share on July 15, 2026. The units vested immediately but will be settled six months after he leaves the board, bringing his directly held stake to 120,949 shares.
Troy Peggy reported acquisition or exercise transactions in this Form 4 filing.
Troy Peggy, a director of Zurn Elkay Water Solutions Corp, received a grant of 604 restricted stock units linked to Common Stock on 2026-07-15 at a reference value of $47.63 per share as payment of director fees. The units vested immediately but will be delivered six months after service as a director ends, bringing reported holdings in this class to 65,728 shares.
Zurn Elkay Water Solutions Corp Chief Financial Officer Daniel J. Klun reported an equity award and updated holdings. He received a grant of 2,276 restricted stock units representing common stock at no cost, classified as a grant/award acquisition. According to the footnote, this grant vests in three equal annual installments beginning on the first anniversary of the grant date, assuming continued employment. After this award, he directly holds 26,357 shares of common stock and indirectly holds 1,516 shares through a 401(k) Plan based on information from the plan trustee.
Zurn Elkay Water Solutions Corp executive Daniel J. Klun, the Chief Financial Officer, filed an initial Form 3 detailing his ownership of the company’s common stock. The filing reports 24,081 shares held directly and 1,516 shares held indirectly through a 401(k) Plan based on information from the plan trustee. These entries are categorized as holdings rather than new purchases or sales, giving investors a baseline view of the CFO’s existing equity stake.
Zurn Elkay Water Solutions Corporation filed a current report describing executive promotions and a preview of expected second-quarter results.
The company promoted former Chief Financial Officer Dave Pauli to Chief Operating Officer, overseeing operations, supply chain and IT, and elevated long-time finance leader Dan Klun to CFO, responsible for all financial functions. Management stated that second-quarter performance is tracking very much in line, with detailed results and a second-half outlook to be discussed on an earnings call scheduled for late July.
Zurn Elkay Water Solutions Corporation reported leadership and governance updates. The company announced that Sudhanshu Chhabra, Executive Vice President, Zurn Elkay Business Systems, will transition into an advisory role effective April 30, 2026.
At the April 30, 2026 Annual Meeting, stockholders elected three directors—Thomas D. Christopoul, Emma M. McTague, and Peggy N. Troy—to three-year terms ending at the 2029 Annual Meeting, each receiving over 92% of votes cast in favor. Stockholders also approved, on a non-binding advisory basis, the compensation of the company’s named executive officers, with 87.6% of votes cast in favor, and ratified Ernst & Young LLP as independent registered public accounting firm for fiscal 2026 with 98.1% support. There were 167,542,304 common shares eligible to vote as of the March 3, 2026 record date.
Zurn Elkay Water Solutions Corp ownership filing: Vanguard Portfolio Management reports beneficial ownership of 8,998,665 shares of Common Stock, representing 5.37% of the class. The filing shows sole voting power for 142,359 shares and sole dispositive power for 8,998,665 shares. The disclosure states these holdings reflect securities managed across Vanguard affiliates and funds.
Zurn Elkay Water Solutions Corporation delivered solid growth in the quarter ended March 31, 2026. Net sales rose to $433.0 million from $388.8 million, an 11% increase driven by higher core sales across nearly all product categories.
Income from operations increased to $82.1 million from $63.4 million, lifting operating margin to 19.0% from 16.3%. Net income grew to $58.9 million, with diluted EPS up to $0.35 from $0.26, while restructuring charges declined.
The company generated $46.1 million in operating cash flow and ended the quarter with $273.5 million in cash and $499.0 million of total debt. It enlarged its revolving credit facility to $550.0 million and repurchased 1,047,291 shares for $50.0 million while paying $18.4 million in dividends.
Zurn Elkay Water Solutions reported solid first quarter 2026 results, with net sales rising to $433.0 million from $388.8 million, an 11% increase driven by broad-based core sales growth. Net income from continuing operations grew to $58.9 million, with diluted EPS from continuing operations of $0.35 versus $0.24 a year earlier.
Adjusted EPS was $0.41, up from $0.31, and adjusted EBITDA increased to $116.0 million from $98.0 million, expanding margins to 26.8% of net sales. The company reported net debt leverage of 0.5x, increased revolver capacity to $550 million, and repurchased $50 million (1.0 million shares) of common stock in the quarter. For the second quarter 2026, management expects core sales to grow 8–9% year over year and adjusted EBITDA margins between 27.0% and 27.5%, noting potential upside to its full-year 2026 outlook.