Zurn Elkay CEO Todd Adams Sells $28M in ZWS Stock — Six Insiders Unload $32M Combined

Alex Rivera

Zurn Elkay Water Solutions CEO Todd Adams sold 275,050 shares worth $28.1M on Feb 10-11, as six total insiders sold $32M. Adams' career insider sales now total $71.6 million.

Zurn Elkay Water Solutions Chairman and CEO Todd A. Adams sold 275,050 shares of ZWS stock on February 10-11, collecting $28.12 million in proceeds at approximately $51.78 per share. Five other insiders sold alongside him, bringing total C-suite selling to $31.98 million.

Six Insiders, $32M, Two Days

Insider Title Transactions Value Shares After Career Sales
Todd A. Adams Chairman & CEO 3 $28.12M 2,256,684 $71.6M
Mark W. Peterson Chief Administrative Officer 2 $2.02M 333,739 $24.1M
Jeffrey A. Schoon President 2 $0.69M 61,255 $1.1M
David J. Pauli Chief Financial Officer 2 $0.44M 65,995 $0.6M
Jeffrey J. LaValle VP, General Counsel 2 $0.36M 49,803 $0.2M
Michael Troutman Chief Information Officer 2 $0.35M 61,775 $17.2M
Total: 6 insiders, 13 transactions $31.98M

CEO Adams: $71.6M Career Seller, Still the Largest Holder

Todd Adams has sold $71.6 million in ZWS (and predecessor Rexnord) stock over his career. Despite the massive cumulative selling, he still retains 2.26 million shares worth approximately $117 million — making him the largest individual insider holder by a wide margin.

His Feb 10 sale alone — 270,000 shares at $51.78 — was the largest single-day insider sale the company has seen in recent years. He followed it with a 5,050-share sale the next day at the same price.

CAO Peterson: $24M Career, Quiet Consistency

Mark Peterson, the Chief Administrative Officer, sold $2.02M — bringing his career total to $24.1M. He retains 333,739 shares (~$17.3M), meaning he's sold more than he currently holds.

The Newer Executives Sold Less

The contrast between the tenured executives and newer ones tells a story:

  • CEO Adams (career: $71.6M) and CAO Peterson ($24.1M) — large, established selling programs
  • President Schoon ($1.1M), CFO Pauli ($0.6M), and GC LaValle ($0.2M) — relatively early in their selling histories
  • The newer executives' smaller career totals make their $0.3M-$0.7M sales more significant as percentages of lifetime holdings

ZWS at $52: Water Infrastructure Play

Zurn Elkay Water Solutions makes water management and safety products — filtration, water fountains, drainage, and flow control. The company has benefited from increased infrastructure spending and clean-water regulatory tailwinds.

At $52 per share, ZWS carries a market cap of approximately $9 billion. The $32M in insider selling represents a small fraction of the float, but the participation of the CEO, President, CFO, CAO, GC, and CIO paints a clear picture: the entire leadership team viewed ~$52 as a level to monetize.

CEO Adams' $28M sale is particularly notable because he led from the front — selling 88% of the group total. When the CEO sells $28 million in a single burst and five other leaders follow, the signal is hard to dismiss.

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