CEO Todd A. Adams sells 538,397 shares at blended $52.22 for $28.1M; reduces stake from 2.80M to 2.26M shares (-19.3%)
Todd A. Adams, Chairman and CEO of Zurn Elkay Water Solutions, executed 3 separate sales totaling 538,397 shares on 2026-02-09 and 2026-02-10 for $28,115,309.96 at a blended average price of $52.22, reducing his post-transaction holdings to 2,256,684 shares—a net reduction of 19.3% versus pre-transaction holdings. This is the CEO's largest concentrated liquidation event on the stock. At the time of sale, the stock was near its 52-week high of $52.78 (current price $51.73 is -2.0% from peak), having appreciated +12.5% in the prior 30 days and +8.9% in the prior 90 days. Examining his prior 5 trades at ZWS specifically, 4 of 5 previous sales were well-timed at the 90-day mark (negative subsequent returns), suggesting the insider has demonstrated pattern recognition of local peaks; this current sale executed at the proximate 52-week high warrants close investor monitoring of the company's near-term operational trajectory and management's disclosed outlook.