Troy Peggy 4
Research Summary
AI-generated summary
Zurn Elkay (ZWS) Director Troy Peggy Receives 2,900-Share Award
What Happened
Troy Peggy, a director of Zurn Elkay Water Solutions Corp (ZWS), was granted 2,900 restricted stock units (RSUs) on 2026-02-10. The award is recorded as an acquisition (grant) with no per-share price listed (N/A). The RSUs vested immediately but will not be paid out until six months after the reporting person stops serving as a director.
Key Details
- Transaction date: 2026-02-10 (Form 4 filed 2026-02-10)
- Transaction type/code: Grant/Award (A) — 2,900 RSUs; price: N/A
- Shares owned after transaction: Not provided in the supplied excerpt
- Footnote: RSU grant vested immediately but payout deferred until six months after termination of director service (per F1)
- Timeliness: Filing date matches transaction date; appears to be filed timely
Context
Restricted stock units are a deferred-equity award that represent the right to receive shares in the future. Because these RSUs vested immediately, the reporting person became entitled to the shares, but payment (actual share delivery) is postponed per the deferral provision — this is not an open‑market buy or sell and does not by itself signal a buy/sell decision.