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Zurn Elkay water solutions officer sells $102k in stock
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Zurn Elkay water solutions officer sells $102k in stock

#Zurn Elkay Water Solutions #Insider Trading #Stock Sale #ZWS #Restricted Stock Units #52-week High #Financial Results #Analyst Ratings

📌 Key Takeaways

  • Zurn Elkay Water Solutions CAO sold $102,000 worth of company stock
  • The sale was to satisfy tax obligations related to vesting restricted stock units
  • ZWS stock is trading near its 52-week high with a 45% yearly return
  • The company recently reported strong financial results exceeding analyst expectations
  • Analysts maintain positive outlook with Buy ratings and price targets ranging from $54 to $58

📖 Full Retelling

Chief Administrative Officer Mark W. Peterson of Zurn Elkay Water Solutions Corp (NYSE:ZWS) sold 2,006 shares of common stock on February 17, 2026, according to a Form 4 filing with the Securities and Exchange Commission, with the transaction executed to satisfy tax withholding obligations related to vesting restricted stock units. The shares were sold at a weighted average price of $50.86, totaling $102,025, with transactions executed at prices ranging between $50.65 and $51.22. This sale occurred as ZWS stock trades near its 52-week high of $53.17, with the company's shares delivering a strong 45% return over the past year. Following this transaction, Peterson directly owns 333,814 shares of Zurn Elkay Water Solutions Corp and indirectly holds 5,303 shares through a 401(k) plan. He also possesses options to purchase 33,481 shares at an exercise price of $33.05, which are fully vested and set to expire on October 5, 2031. The company has recently demonstrated strong financial performance, reporting revenue of $407.2 million that surpassed both Stifel's estimate of $401.6 million and the Street consensus of $400.8 million. Additionally, Zurn Water Solutions' adjusted EBITDA reached $104.1 million, exceeding the anticipated $101.0 million. In response to these positive results, Stifel has reiterated its Buy rating on Zurn Water Solutions with a price target of $54, while Jefferies initiated coverage with a Buy rating and a $58 price target, citing the company's favorable position in the filtered drinking water market and strong free cash flow. Furthermore, Zurn Elkay Water Solutions declared a quarterly cash dividend of $0.11 per share, payable on March 6, 2026, to stockholders of record as of February 20, 2026.

🏷️ Themes

Corporate Insiders, Financial Performance, Market Analysis

📚 Related People & Topics

Insider trading

Insider trading

Trading using nonpublic information

# Insider Trading **Insider trading** is the trading of a public company's stock or other securities (such as bonds or stock options) based on **material, nonpublic information** about the company. While the practice is common, its legality is subject to complex regulations that vary significantly ...

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ZWS

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Deep Analysis

Why It Matters

The sale of 2,006 shares by chief administrative officer Mark W. Peterson reflects routine insider activity tied to tax obligations, and occurs while the stock is near a 52‑week high, underscoring investor confidence in the company’s recent strong earnings and dividend policy.

Context & Background

  • Zurn Elkay Water Solutions reported $407.2 million revenue, beating estimates.
  • Adjusted EBITDA reached $104.1 million, above expectations.
  • Analysts maintain Buy ratings with price targets around $54–$58.
  • Company declared a quarterly cash dividend of $0.11 per share.

What Happens Next

Analysts expect continued growth as the company expands its filtered drinking water market, and the upcoming dividend payment may attract income‑focused investors. The stock’s performance will likely be monitored closely as it approaches its 52‑week high and as the company releases 2026 guidance.

Frequently Asked Questions

Why did Peterson sell shares?

To satisfy tax withholding obligations and related fees from the vesting of restricted stock units.

How many shares does Peterson still own?

He directly owns 333,814 shares and indirectly owns 5,303 shares through a 401 plan.

What options does Peterson hold?

He holds fully vested options to purchase 33,481 shares at $33.05, expiring October 5, 2031.

Original Source
try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Nvidia and OpenAI close to finalizing smaller, $30 bln investment- FT U.S. stocks end lower after hawkish Fed minutes; Walmart guidance falls short Gold largely flat as investors weigh geopolitical tensions, hawkish Fed minutes Berenberg sees more than 50% upside in this small-cap software stock (South Africa Philippines Nigeria) Zurn Elkay water solutions officer sells $102k in stock By Investing.com Insider Trading Published 02/19/2026, 11:11 PM Zurn Elkay water solutions officer sells $102k in stock 0 ZWS -0.59% Chief Administrative Officer Mark W. Peterson of Zurn Elkay Water Solutions Corp (NYSE:ZWS) sold 2,006 shares of common stock on February 17, 2026, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a weighted average price of $50.86, for a total value of $102,025. The transactions were executed in multiple trades at prices ranging from $50.65 to $51.22. The sale comes as ZWS stock trades near its 52-week high of $53.17, with shares delivering a strong 45% return over the past year. Following the sale, Peterson directly owns 333,814 shares of Zurn Elkay Water Solutions Corp. He also indirectly owns 5,303 shares through a 401 plan. The filing also indicates that Peterson holds options to purchase 33,481 shares of Zurn Elkay Water Solutions Corp common stock at an exercise price of $33.05. These options are fully vested and expire on October 5, 2031. The sale was to satisfy tax withholding obligations and related fees in connection with the vesting of restricted stock units. In other recent news, Zurn Water Solutions reported revenue of $407.2 million, surpassing both Stifel’s estimate of $401.6 million and the Street consensus of $400.8 million. The company’s adjusted EBITDA also exceeded expectations, reaching $104.1 million compared to the anticipated $101.0 million. Stifel has reiterated its Buy rating on Zurn Water Solutions with a price target of $...
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