Troutman Michael 4

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.