Zurn Elkay Water Solutions Corp·4

Feb 13, 6:21 PM ET

Troutman Michael 4

Research Summary

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Updated

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.