Butler Jacques Donavon 4
Research Summary
AI-generated summary
Zurn Elkay (ZWS) Director Butler Jacques Donavon Receives 2,900-Share Award
What Happened Butler Jacques Donavon, a director of Zurn Elkay Water Solutions Corp (ZWS), was granted 2,900 restricted stock units (RSUs) on 2026-02-10 (transaction code A — award/grant). The filing lists the acquisition amount as 2,900 RSUs with no per-share price disclosed (N/A). This was an awards-based acquisition (compensation), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-10 (Form 4 filed same day).
- Transaction type/code: A = Award/grant (restricted stock units).
- Quantity: 2,900 RSUs; price per share: N/A; total dollar value: not disclosed.
- Shares owned after transaction: not provided in the supplied filing details.
- Footnote: The RSU grant vested immediately but will not be paid out until six months after the reporting person ceases service as a director.
- Filing timeliness: Reported and filed on 2026-02-10 (no late filing indicated in provided data).
Context RSUs are a form of equity compensation. Immediate vesting means the award is no longer subject to forfeiture, but because payout is deferred until six months after the director leaves the board, no shares were delivered at grant. Awards are routine director compensation and do not necessarily signal a buy/sell decision by the insider.