Tax-related stock sale by Zurn Elkay (NYSE: ZWS) CIO Troutman
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zurn Elkay Water Solutions Corp Chief Information Officer Michael Troutman reported an open-market sale of 448 shares of common stock on February 17, 2026 at a weighted average price of $50.80 per share. According to the filing, these shares were sold to satisfy tax withholding obligations and related fees tied to the vesting of restricted stock units.
After this transaction, Troutman directly owned 61,327 common shares. He also had indirect ownership of 1,890 common shares through a 401(k) plan, based on information from the plan’s trustee. The sale was executed in multiple trades within a price range of $50.63 to $50.96, with the reported price reflecting the weighted average.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 448 shares ($22,758)
Net Sell
2 txns
Insider
Troutman Michael
Role
Chief Information Officer
Sold
448 shs ($23K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 448 | $50.80 | $23K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 61,327 shares (Direct);
Common Stock — 1,890 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- Shares were sold to satisfy tax withholding obligations and related fees in connection with the vesting of restricted stock units. This transaction was executed in multiple trades at prices ranging from $50.63 to $50.96. 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. Based on information from the trustee of the 401(k) Plan.
FAQ
What insider transaction did Zurn Elkay (ZWS) report for Michael Troutman?
Zurn Elkay reported that Chief Information Officer Michael Troutman sold 448 shares of common stock at a weighted average price of $50.80 on February 17, 2026. The filing states the sale covered tax withholding obligations from vesting restricted stock units.
What prices were involved in the Zurn Elkay (ZWS) CIO’s stock sale?
The transaction was executed in multiple trades at prices ranging from $50.63 to $50.96 per share. The reported transaction price of $50.80 represents the weighted average sale price across all those individual trades, as described in the filing footnote.
How is Michael Troutman’s indirect ownership in Zurn Elkay (ZWS) structured?
Michael Troutman’s indirect ownership consists of 1,890 shares of common stock held through a 401(k) plan. The reported amount is based on information from the plan’s trustee, indicating retirement-plan-based beneficial ownership rather than directly held brokerage shares.