LaValle Jeffrey J. 4
4 · Zurn Elkay Water Solutions Corp · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Zurn Elkay (ZWS) VP General Counsel Jeffrey LaValle Sells 447 Shares
What Happened
Jeffrey J. LaValle, VP, General Counsel & Secretary of Zurn Elkay Water Solutions Corp (ZWS), sold 447 shares in an open-market transaction on February 17, 2026 for a weighted average price of $50.86, generating proceeds of approximately $22,734. The filing notes the sale was to satisfy tax withholding obligations related to the vesting of restricted stock units—so this is a routine, tax-related disposal rather than a directional investment bet.
Key Details
- Transaction date: 2026-02-17 (reported on Form 4 filed 2026-02-19) — filing appears timely.
- Shares sold: 447; weighted average sale price: $50.86; total proceeds: ~$22,734.
- Price range / execution: executed in multiple trades at prices from $50.55 to $51.37 (weighted average reported).
- Reason: Shares sold to satisfy tax withholding in connection with RSU vesting (footnote).
- Trustee note: filing cites information from the 401(k) Plan trustee (footnote).
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
Context
Sales made solely to cover tax withholding on vested RSUs are common and do not necessarily signal a change in an insider’s view of the company. For retail investors, purchases and option exercises where insiders add shares are typically more informative about insider sentiment than routine tax-withholding sales.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-02-17$50.86/sh−447$22,734→ 51,421 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 $50.55 to $51.37. 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.