Troutman Michael 4
4 · Zurn Elkay Water Solutions Corp · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
ZWS CIO Michael Troutman Sells 919 Shares
What Happened
Michael Troutman, Chief Information Officer of Zurn Elkay Water Solutions Corp. (ZWS), sold 919 shares in an open-market transaction on 2026-02-11 for a weighted average price of $51.67, generating roughly $47,485. The filing indicates the sale was to satisfy tax withholding and related fees tied to the vesting of restricted stock units (RSUs), so this is a routine sale rather than a discretionary cash purchase.
Key Details
- Transaction type: Sale (S) to satisfy tax withholding on RSU vesting (footnote F1).
- Date reported / Period of report: Transaction on 2026-02-11; Form 4 filed 2026-02-13 (timely filing).
- Price: Weighted average $51.67; executed in multiple trades at prices ranging $51.30–$52.37 (footnote F2).
- Shares disposed: 919; proceeds ≈ $47,485.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Additional note: Filing includes footnote F3 referencing information from the trustee of the 401(k) Plan.
Context
This was a sell-to-cover tax-withholding event tied to RSU vesting (common and generally routine). Such transactions are typically administrative and do not necessarily indicate a change in the insider’s view of the company.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-02-11$51.67/sh−919$47,485→ 61,775 total
- 1,890(indirect: By 401(k))
Common Stock
[F3]
Footnotes (3)
- [F1]Shares were sold to satisfy tax withholding obligations and related fees in connection with the vesting of restricted stock units.
- [F2]This transaction was executed in multiple trades at prices ranging from $51.30 to $52.37. 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.
- [F3]Based on information from the trustee of the 401(k) Plan.