Director Rosemary Schooler (ZWS) receives 528-share equity grant as board fees

Rhea-AI Filing Summary

Schooler Rosemary reported acquisition or exercise transactions in this Form 4 filing.

Zurn Elkay Water Solutions director Rosemary Schooler reported receiving 528 shares of common stock as a grant tied to director fees. The award is structured as restricted stock units that vested immediately at a reference price of $47.39 per share and increases her direct holdings to 61,772 shares. Although vested, the units are not paid out until six months after she ceases serving as a director, highlighting that this is compensation-related rather than an open-market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Schooler Rosemary

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	528	$47.39	$25K

Holdings After Transaction: Common Stock — 61,772 shares (Direct)

Footnotes (1)

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Key Figures

Shares granted: 528 shares Grant reference price: $47.39 per share Shares held after transaction: 61,772 shares

3 metrics

Shares granted 528 shares Director fee grant on April 15, 2026

Grant reference price $47.39 per share Value used for the restricted stock unit award

Shares held after transaction 61,772 shares Director’s direct holdings following the award

Key Terms

restricted stock units, director fees, cessation of service

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"

cessation of service financial

"not paid out until six months after the Reporting Person's cessation of service as a director"

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^*

Schooler Rosemary

(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		528(1)	A(1)	$47.39	61,772	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 Rosemary Schooler	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) director Rosemary Schooler report?

Director Rosemary Schooler reported an acquisition of 528 shares of Zurn Elkay Water Solutions common stock. The shares were granted as director compensation in the form of restricted stock units that vested immediately, increasing her direct holdings to 61,772 shares after the transaction.

Was Rosemary Schooler’s recent ZWS share acquisition an open-market purchase?

No, the filing shows Schooler’s acquisition was a grant of restricted stock units as payment of director fees, not an open-market purchase. These compensation-related awards are routine and differ from discretionary buying of shares on the open market by an insider.

How many ZWS shares does Rosemary Schooler hold after this Form 4 transaction?

After receiving 528 shares through the director fee grant, Schooler directly holds 61,772 shares of Zurn Elkay Water Solutions common stock. This figure reflects her position immediately following the reported transaction on April 15, 2026, as disclosed in the Form 4.

What are the key terms of the restricted stock units granted to Rosemary Schooler at Zurn Elkay?

The restricted stock units granted as director fees vested immediately at a reference value of $47.39 per ZWS share. However, they are not actually paid out until six months after Schooler’s cessation of service as a director, delaying when she receives the underlying shares.

Does the Form 4 for Zurn Elkay (ZWS) indicate any insider sales by Rosemary Schooler?

No insider sales are reported in this Form 4. The filing shows only one acquisition transaction coded “A,” representing a grant or award of 528 shares as director compensation, with no dispositions or sales of Zurn Elkay common stock disclosed.