Zurn Elkay (NYSE: ZWS) director receives 634-share stock grant as board fees

Rhea-AI Filing Summary

CHRISTOPOUL THOMAS reported acquisition or exercise transactions in this Form 4 filing.

Zurn Elkay Water Solutions director Thomas Christopoul received an award of 634 shares of Common Stock on April 15, 2026, valued at $47.39 per share, as payment of director fees in the form of restricted stock units. These units vested immediately but will not be paid out until six months after he stops serving as a director. Following this compensation-related grant, he holds 117,805 shares directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider CHRISTOPOUL THOMAS

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	634	$47.39	$30K

Holdings After Transaction: Common Stock — 117,805 shares (Direct)

Footnotes (1)

1. [object Object]

Key Figures

Shares granted: 634 shares Grant price: $47.39 per share Shares held after grant: 117,805 shares

3 metrics

Shares granted 634 shares Director fee award on April 15, 2026

Grant price $47.39 per share Reference price for restricted stock unit award

Shares held after grant 117,805 shares Director’s direct holdings following the award

Key Terms

restricted stock units, director fees, vested immediately

3 terms

restricted stock units financial

"Payment of director fees in restricted stock units, which vested immediately"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

director fees financial

"Payment of director fees in restricted stock units, which vested immediately"

vested immediately financial

"restricted stock units, which vested immediately, but is not paid out"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

CHRISTOPOUL THOMAS

(Last) (First) (Middle)

511 W. FRESHWATER WAY

(Street)

MILWAUKEE WISCONSIN 53204

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Zurn Elkay Water Solutions Corp [ ZWS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/15/2026		A		634(1)	A(1)	$47.39	117,805	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Payment of director fees in restricted stock units, which vested immediately, but is not paid out until six months after the Reporting Person's cessation of service as a director.

Remarks:

	/s/ Jeffrey J. LaValle under Power of Attorney for Thomas D. Christopoul	04/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Zurn Elkay Water Solutions (ZWS) report?

Zurn Elkay Water Solutions reported that director Thomas Christopoul received 634 shares of Common Stock as a restricted stock unit award. The grant represents payment of director fees, rather than an open-market purchase, and is recorded at a reference price of $47.39 per share.

Was the ZWS Form 4 transaction a stock purchase or a compensation grant?

The Form 4 transaction for ZWS reflects a compensation grant, not a stock purchase. Director Thomas Christopoul received 634 restricted stock units as payment of director fees, which vested immediately but are deferred until six months after he ceases serving as a director.

How many ZWS shares does director Thomas Christopoul hold after this grant?

After the reported grant, director Thomas Christopoul holds 117,805 shares of Zurn Elkay Water Solutions Common Stock directly. The 634-share award modestly increases his existing position and is structured as restricted stock units tied to his board service compensation.

What are the terms of the ZWS restricted stock units granted to the director?

The restricted stock units granted to the ZWS director vested immediately on grant. However, they are not paid out in shares until six months after the director’s cessation of service, creating a deferral period even though vesting occurs on the grant date.

What price per share is associated with the ZWS director’s stock grant?

The director’s 634-share award is associated with a price of $47.39 per share. This figure typically reflects the grant-date fair market value used for compensation accounting, rather than a transaction price from an open-market trade on an exchange.