Schoon Jeffrey A 4

What Happened

• Jeffrey A. Schoon, President of Zurn Elkay Water Solutions Corp (ZWS), had 24,981 shares acquire (award/vesting) on 2026-02-06 upon vesting of performance stock units tied to 2023–2025 performance. These shares were issued for no cash consideration (including dividend equivalent shares).
• On 2026-02-10 he sold 12,034 shares in an open-market transaction at a weighted-average price of $51.80, generating total proceeds of $623,361. The sale was executed in multiple trades at prices ranging from $51.48 to $52.16 and was done to satisfy tax withholding and related fees tied to the vesting.

Key Details

• Transaction types: A (award/acquisition via PSU vesting) on 2026-02-06; S (open-market sale) on 2026-02-10.
• Sale price: weighted average $51.80; execution range $51.48–$52.16 (multiple trades).
• Sale proceeds: $623,361 (12,034 shares).
• Shares acquired on vesting: 24,981 (no consideration paid; includes dividend equivalents).
• Reason for sale: tax withholding and related fees in connection with the PSU vesting (footnote).
• Additional notes from filing: includes shares acquired under the 2025 Employee Stock Purchase Plan (ESPP) and information from the 401(k) plan trustee.
• Shares owned after transaction: not specified in this filing.
• Filing date: Form 4 filed 2026-02-10 reporting the above transactions (no indication in the filing that it was late).

Context

• The 24,981-share acquisition was a compensation event (vesting of performance stock units) rather than a purchase—such awards are common executive compensation. The subsequent sale was to cover tax obligations (a routine, non-speculative disposal), so it should not be read as an independent bearish signal about the company.