PETERSON MARK W 4

What Happened

• Mark W. Peterson, Chief Administrative Officer of Zurn Elkay Water Solutions Corp (ZWS), sold 35,267 shares in an open-market transaction on Feb 10, 2026 for a weighted average price of $51.80, totaling $1,826,831.
• Earlier, on Feb 6, 2026 he was credited with 73,628 shares upon the vesting of performance stock units (PSUs) tied to company performance for the 2023–2025 period. On Feb 10, 2026 he also received a grant of 5,874 restricted stock units (RSUs) that vest in three annual installments.

Key Details

• Transaction dates: PSU vesting credited 2026-02-06; open-market sale and RSU grant reported 2026-02-10.
• Sale price: weighted average $51.80; trade prices ranged $51.48–$52.16 (multiple trades; filing offers to provide full breakdown on request). Total proceeds reported: $1,826,831.
• Reason for sale: shares were sold to satisfy tax withholding obligations related to the PSU vesting and related dividend-equivalent shares.
• RSU grant: vests in three annual installments beginning on the first anniversary of the grant (per footnote).
• Shares owned after transaction: not specified in the filing.
• Filing: Report filed on Feb 10, 2026 (covering the Feb 6–10 transactions); filing appears timely based on dates shown.

Context

• PSUs convert to shares at vesting based on multi-year performance; these 73,628 shares were issued for no consideration upon vesting (including dividend-equivalent shares).
• The sale appears to be a routine tax-withholding sale tied to the PSU vesting rather than an unrelated discretionary sale; such transactions are common when equity awards vest.
• RSUs vest over time (time-based retention), while PSUs reflect company performance over the specified period — both are forms of equity compensation rather than open-market purchases.