Zurn Elkay (ZWS) Director Butler Jacques Donavon Buys 2,016 Shares
$ZWS · Zurn Elkay Water Solutions CorpResearch Summary
AI-generated summary of this SEC filing
Zurn Elkay (ZWS) Director Butler Jacques Donavon Buys 2,016 Shares
What Happened
Butler Jacques Donavon, a director of Zurn Elkay Water Solutions Corp (ZWS), purchased 2,016 shares in an open-market transaction on August 19, 2026. The shares were acquired at $49.60 each for a total transaction value of $99,994. This was a purchase (code P), which is generally considered a more informative signal than routine sales but does not by itself indicate a change in company fundamentals.
Key Details
- Transaction date: 2026-08-19; Price: $49.60 per share; Shares bought: 2,016; Total value: $99,994.
- Transaction type/code: Open-market purchase (P).
- Filing date: Form 4 filed on 2026-08-21 (two days after the trade) — appears timely under typical Form 4 reporting rules.
- Shares owned after transaction: Not specified in the provided summary of the filing.
- No footnotes, 10b5-1 plan, gift designation, or tax-withholding details were provided in the supplied transaction data.
Context
Open-market purchases by directors can signal personal conviction but should be weighed with other information (company results, insider history, size of purchase). This was a straightforward buy of common stock (not an option exercise, award, or gift), and the ~ $100k size is moderate for an insider purchase.