LaValle Jeffrey J. 4
4 · Zurn Elkay Water Solutions Corp · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
Zurn Elkay (ZWS) VP & General Counsel Jeffrey LaValle Sells 946 Shares
What Happened
Jeffrey J. LaValle, Vice President, General Counsel & Secretary of Zurn Elkay Water Solutions Corp (ZWS), disposed of 946 shares in an open-market sale on February 11, 2026. The weighted-average sale price was $51.63 per share, for gross proceeds of approximately $48,842. This was a sale (not a purchase) executed to satisfy tax-withholding obligations related to the vesting of restricted stock units.
Key Details
- Transaction date: 2026-02-11 (reported on Form 4 filed 2026-02-13) — appears timely (filed two days after the trade).
- Transaction type/code: Sale (S) — open market/private sale to cover tax withholding.
- Shares sold: 946; Weighted-average price: $51.63; Total proceeds: ~$48,842.
- Price range/multiple trades: Executed in multiple trades at prices from $51.30 to $52.37 (weighted average reported). The reporting person offers to provide detailed trade-by-trade info on request.
- Reason given (footnote): Shares sold to satisfy tax withholding on the vesting of restricted stock units.
- Shares owned after transaction: Not disclosed in the provided excerpt of the filing.
Context
This sale was a tax-withholding sale tied to RSU vesting — a common, routine form of insider selling that typically reflects tax obligations rather than a change in sentiment about the company. The filing includes an undertaking to provide full per-trade details if requested, which confirms the sale was executed across multiple trades.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-02-11$51.63/sh−946$48,842→ 51,868 total
- 1,813(indirect: By 401(k))
Common Stock
[F3] - 5,578
Stock Option (right to buy)
[F4]Exercise: $33.05Exp: 2031-10-05→ Common Stock (5,578 underlying)
Footnotes (4)
- [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.
- [F4]Option fully vested.