JAHNKE TIMOTHY J 4
Research Summary
AI-generated summary
Zurn Elkay (ZWS) Director Timothy Jahnke Sells 17,900 Shares
What Happened
- Timothy J. Jahnke, a director of Zurn Elkay Water Solutions Corp (ZWS), sold 17,900 shares in an open-market transaction on February 4, 2026. The weighted average sale price was $50.44 per share, producing proceeds of approximately $902,876. This was a sale (not a purchase) and is often a routine disposition rather than a signal of company fundamentals.
Key Details
- Transaction date: 2026-02-04 (reported on Form 4 filed 2026-02-06).
- Transaction type/code: Sale (S).
- Shares sold: 17,900; weighted average price: $50.44; total proceeds: ~$902,876.
- Price range: executed in multiple trades at prices from $50.00 to $51.55 (footnote indicates the reported price is the weighted average and full trade-level details are available on request).
- Footnote: Transaction was executed pursuant to a Rule 10b5-1 trading plan (pre-arranged plan).
- Shares owned after transaction: Not specified in the information you provided in this summary.
- Filing timeliness: Report filed two days after the transaction date (not indicated as late in the filing provided).
Context
- Sales under Rule 10b5-1 plans are pre-scheduled and commonly used by insiders to systematically sell shares; they do not necessarily reflect the insider’s current views on the company. For retail investors, purchases by insiders tend to be more informative than routine sales, but this sale is meaningful in dollar terms (~$0.9M) and worth noting for tracking insider activity.