Schoon Jeffrey A 4
Research Summary
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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.