ZWS - Chief Information Officer at Zurn Elkay Water Exercises Options Worth $1.03M | Benzinga
Michael Troutman, Chief Information Officer at Zurn Elkay Water (NYSE:ZWS), reported a large exercise of company stock options on November 20, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that Troutman, Chief Information Officer at Zurn Elkay Water, a company in the Industrials sector, just exercised stock options worth 35,082 shares of ZWS stock with an exercise price of $14.41.
Zurn Elkay Water shares are trading down 0.0% at $29.47 at the time of this writing on Tuesday morning. Since the current price is $29.47, this makes Troutman's 35,082 shares worth $1,033,866.