Zurn Elkay Water Solutions Corp·4

Feb 10, 8:43 PM ET

LaValle Jeffrey J. 4

Research Summary

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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.