Troutman Michael 4
4 · Zurn Elkay Water Solutions Corp · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
Zurn Elkay (ZWS) CIO Michael Troutman Sells 5,922 Shares
What Happened
Michael Troutman, Chief Information Officer of Zurn Elkay Water Solutions Corp (ZWS), reported two transactions. On 2026-02-06 he received 17,881 shares at no cost upon the vesting of performance stock units (PSUs) tied to company performance for 2023–2025. On 2026-02-10 he sold 5,922 shares in an open-market transaction for a weighted average price of $51.80, generating approximately $306,760.
Key Details
- Transactions dates: PSU vesting/acquisition on 2026-02-06; open-market sale on 2026-02-10.
- Sale price: weighted average $51.80; trades ranged from $51.48 to $52.16 (multiple trades). Total proceeds ≈ $306,760.
- Acquisition: 17,881 shares received for no consideration upon PSU vesting; includes shares received as dividend equivalents.
- Reason for sale: shares sold to satisfy tax withholding obligations and related fees in connection with PSU vesting (per filing).
- Shares owned after transaction: not specified in the provided filing.
- Filing timeliness: reported on 2026-02-10 (same day as the sale); no late filing indicated in the provided record.
- Additional notes from filing: reported holdings may include shares from the 2025 Employee Stock Purchase Plan and trustee-reported 401(k) plan amounts.
Context
This filing shows a routine vesting of PSUs and a subsequent sale to cover tax withholding—common administrative transactions that do not, by themselves, indicate insider sentiment. The acquisition was a grant (award) vesting for performance; the sale was specifically to satisfy tax obligations rather than a discretionary open-market disposition for investment purposes.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-06+17,881→ 68,386 total - Sale
Common Stock
[F2][F3][F4]2026-02-10$51.80/sh−5,922$306,760→ 62,694 total
- 1,890(indirect: By 401(k))
Common Stock
[F5]
Footnotes (5)
- [F1]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).
- [F2]Shares were sold to satisfy tax withholding obligations and related fees in connection with the vesting of performance stock units and related dividend shares.
- [F3]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.
- [F4]Includes shares acquired under the Company's Employee Stock Purchase Plan in 2025.
- [F5]Based on information from the trustee of the 401(k) Plan.