Chhabra Sudhanshu 4

What Happened Sudhanshu Chhabra, Vice President — Zurn Business Systems at Zurn Elkay Water Solutions (ZWS), sold 2,021 shares in an open-market transaction. The reported weighted-average sale price was $50.85 per share, for total proceeds of approximately $102,768. This was a sale (not a purchase) and was executed to satisfy tax withholding obligations tied to the vesting of restricted stock units.

Key Details

• Transaction date: 2026-02-17; Form 4 filed: 2026-02-19 (timely filing).
• Sale amount: 2,021 shares; weighted-average price $50.85; total ≈ $102,768.
• Reported execution prices ranged from $50.63 to $51.22 across multiple trades; weighted average reported (F2).
• Reason noted: shares sold to satisfy tax withholding for vested restricted stock units (F1).
• Additional note: some information is based on the 401(k) plan trustee (F3).
• Shares owned after the transaction: not disclosed in the provided filing data.

Context This was a tax-withholding sale tied to RSU vesting — a routine corporate action common when awards vest. Such sales are generally administrative (to cover taxes) and do not necessarily signal the insider’s market view.