LaValle Jeffrey J. 4
4 · Zurn Elkay Water Solutions Corp · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
Zurn Elkay (ZWS) VP Jeffrey J. LaValle Sells Shares
What Happened
Jeffrey J. LaValle, VP, General Counsel & Secretary of Zurn Elkay Water Solutions Corp (ZWS), had performance stock units vest that resulted in the acquisition of 18,407 shares on Feb 6, 2026 (no cash consideration). On Feb 10, 2026 he sold 6,097 of those shares in open-market sales for total proceeds of $315,825 (weighted average price $51.80). Also on Feb 10 he was granted/awarded 2,334 restricted stock units.
Key Details
- Transaction dates: Feb 6, 2026 (PSU vesting/acquisition); Feb 10, 2026 (sale and RSU award).
- Sale details: 6,097 shares sold at a weighted average price of $51.80; reported price range $51.48–$52.16 (multiple trades). Proceeds: $315,825.
- Acquisitions: 18,407 shares received on vesting of performance stock units (no cash paid); 2,334 RSUs granted (vesting in three annual installments per grant terms).
- Purpose of sale: Shares sold to satisfy tax-withholding obligations related to the PSU vesting (routine withholding).
- Shares owned after transaction: Not disclosed on this Form 4.
- Filing timeliness: Form 4 was filed Feb 10, 2026; timing appears to be within the standard 2-business-day reporting window for the Feb 6–10 transactions.
- Footnotes of note: F1 (PSU vesting for the 3-year performance period 1/1/2023–12/31/2025); F2 (sale to cover taxes); F3 (sale executed in multiple trades; weighted avg reported); F4 (RSU vesting schedule).
Context
The 18,407-share acquisition was the result of performance-based awards vesting (no purchase), and the subsequent sale was to cover taxes — a common, routine action that doesn’t necessarily indicate the insider’s view on the stock. The 2,334 RSUs are subject to multi-year vesting, which is a retention-oriented grant. Purchases by insiders tend to be more informative about confidence than routine sales for tax withholding.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-06+18,407→ 55,900 total - Sale
Common Stock
[F2][F3]2026-02-10$51.80/sh−6,097$315,825→ 49,803 total - Award
Common Stock
[F4][F5]2026-02-10+2,334→ 52,814 total
- 1,813(indirect: By 401(k))
Common Stock
[F6] - 5,578
Stock Option (right to buy)
[F7]Exercise: $33.05Exp: 2031-10-05→ Common Stock (5,578 underlying)
Footnotes (7)
- [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]Restricted stock unit grant, which vests in three annual installments beginning on the first anniversary of the grant date, assuming continued employment.
- [F5]Includes shares acquired under the Company's Employee Stock Purchase Plan in 2025.
- [F6]Based on information from the trustee of the 401(k) Plan.
- [F7]Option fully vested.