JAHNKE TIMOTHY J 4
Research Summary
AI-generated summary
Zurn Elkay (ZWS) Director Timothy J. Jahnke Receives 2,900-Share Award
What Happened
Timothy J. Jahnke, a director of Zurn Elkay Water Solutions Corp (ZWS), was granted 2,900 restricted stock units (RSUs) on 2026-02-10. The Form 4 reports this as an award/acquisition (transaction code A). No per-share price or immediate cash value is reported (N/A). According to the filing footnote, the RSUs vested immediately but will not be paid out until six months after the reporting person ceases service as a director.
Key Details
- Transaction date and filing date: 2026-02-10 (reported on the same date).
- Transaction type: Award/Grant (code A) — 2,900 RSUs acquired; price and total value reported as N/A.
- Vesting/payment: Vested immediately; payout deferred until six months after Jahnke stops serving as a director (see footnote).
- Shares owned after transaction: Not specified in the provided summary of the filing.
- Timeliness: Filing date equals transaction date in the report; no late filing indicated in the provided data.
Context
RSUs are a form of equity compensation; vesting means the award is earned, but the filing notes a deferred payout, so Jahnke cannot receive or sell shares until the post-service six-month payout window. This is an award (not a market purchase or sale) and does not by itself indicate current buying or selling intent.