Insider Activity Update: Todd A Adams Executes Options Exercise, Resulting In $16.84M At Zurn Elkay Water

In a new SEC filing on November 8, it was revealed that Adams, Chairman and CEO at Zurn Elkay Water (NYSE:ZWS), executed a significant exercise of company stock options.

What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Friday showed that Adams, Chairman and CEO at Zurn Elkay Water, a company in the Industrials sector, just exercised stock options worth 624,278 shares of ZWS stock with an exercise price of $12.21.

Zurn Elkay Water shares are trading down 0.0% at $39.19 at the time of this writing on Friday morning. Since the current price is $39.19, this makes Adams's 624,278 shares worth $16,840,924.

Unveiling the Story Behind Zurn Elkay Water

Zurn Elkay Water Solutions Corp designs procure, manufactures, and markets a range of clean water solutions for drinking water, hygiene, and sustainable water management. The Zurn Elkay product portfolio includes professional-grade water control and safety, water distribution and drainage, drinking water, finish plumbing, hygienic, environmental and site works products for public and private spaces.

Zurn Elkay Water: Financial Performance Dissected

Revenue Growth: Zurn Elkay Water displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately 2.91%. This indicates a ...

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