Pauli David J 4

4 · Zurn Elkay Water Solutions Corp · Filed Feb 10, 2026

AI-generated summary of this filing

Updated Feb 11, 2026

Zurn Elkay (ZWS) CFO David J. Pauli Receives Award, Sells Shares

What Happened

David J. Pauli, CFO of Zurn Elkay Water Solutions Corp (ZWS), had 15,778 shares delivered on February 6, 2026 upon vesting of performance stock units (PSUs). He subsequently sold 7,639 shares in an open-market transaction on February 10, 2026 for a weighted average price of $51.80, generating proceeds of $395,700. The sale was made to satisfy tax withholding obligations related to the PSU vesting. Net shares retained from this vesting: 8,139 (15,778 vested − 7,639 sold).

Key Details

Transactions reported: Award/acquisition (A) 15,778 shares on 2026-02-06; Open-market sale (S) 7,639 shares on 2026-02-10.
Sale price: weighted average $51.80; execution prices ranged $51.48–$52.16 (multiple trades).
Sale proceeds reported: $395,700.
Reason for acquisition: PSUs vested based on company performance for the period Jan 1, 2023–Dec 31, 2025 (no cash consideration) [F1].
Reason for sale: tax withholding and related fees in connection with the PSU vesting [F2].
Filing: Form 4 filed 2026-02-10 covering the 2/6 acquisition and 2/10 sale; filing timing appears to meet the standard two-business-day reporting requirement.
Shares owned after the transaction: not specified in the provided excerpt of the filing.

Context

This was a vesting of performance-based restricted stock units followed by a partial sell-to-cover (tax withholding). Such sales to cover taxes are common and routine following equity award vesting and do not necessarily indicate a change in the insider’s view of the company.

Form 4

Period: 2026-02-06

Chief Financial Officer

Transactions

Holdings

Common Stock
[F4]
(indirect: By 401(k))
794
Stock Option (right to buy)
[F5]
Exercise: $11.37Exp: 2027-05-19→ Common Stock (13,816 underlying)
13,816
Stock Option (right to buy)
[F5]
Exercise: $14.22Exp: 2028-05-25→ Common Stock (5,757 underlying)
5,757
Stock Option (right to buy)
[F5]
Exercise: $33.05Exp: 2031-10-05→ Common Stock (6,136 underlying)
6,136

Footnotes (5)

[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]Based on information from the trustee of the 401(k) Plan.
[F5]Option fully vested.

Signature

/s/ Jeffrey J. LaValle under Power of Attorney for David J. Pauli|2026-02-10

1 file