Schoon Jeffrey A 4
4 · Zurn Elkay Water Solutions Corp · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
Zurn Elkay (ZWS) President Jeffrey Schoon Sells 1,286 Shares
What Happened Jeffrey A. Schoon, President of Zurn Elkay Water Solutions Corp (ZWS), sold 1,286 shares in an open-market/privately executed sale on 2026-02-11. The weighted-average sale price was $51.54 per share, for aggregate proceeds of approximately $66,280. This was a sale (a liquidity/tax-related transaction), not a purchase.
Key Details
- Transaction date: 2026-02-11 (reported on Form 4 filed 2026-02-13).
- Type: Sale (S) — 1,286 shares disposed.
- Prices: executed in multiple trades at $51.36–$52.36; $51.54 weighted average (per footnote).
- Proceeds: ~$66,280.
- Purpose/footnote: Shares were sold to satisfy tax withholding obligations related to the vesting of performance stock units and related dividend shares (F1).
- Additional footnotes: Reporting person can provide full breakdown of the multiple trade prices and quantities upon request (F2); one note references information from the 401(k) plan trustee (F3).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Timeliness: Filed two days after the transaction date — appears timely under standard Form 4 rules.
Context This sale was reported as a tax-withholding transaction tied to the vesting of equity awards, which is a common, routine insider sale and not necessarily an indicator of management sentiment about the company. The filing discloses multiple underlying trades and provides the weighted-average sale price rather than a single trade price.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-02-11$51.54/sh−1,286$66,280→ 61,255 total
- 2,196(indirect: By Trust)
Common Stock
- 846(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 performance stock units and related dividend shares.
- [F2]This transaction was executed in multiple trades at prices ranging from $51.36 to $52.36. 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.