LaValle Jeffrey J. 4
Research Summary
AI-generated summary
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.