ZWS Zurn Elkay Water Solutions Corp

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 4/4 quarters. Q1 2026: $77M, Q3 2025: $50M, Q2 2025: $61M, Q1 2025: $19M

Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $77M vs trailing avg $43M (+79%)

What percentage of free cash flow is going to buybacks? Bull: 30%+. Bear: negative FCF or no buybacks.

Negative FCF ($-30M), buybacks not supported by cash flow

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Repurchased 0 shares = 0.0% of 166,981,602 outstanding (annualized)

Are officers and directors buying stock with their own money on the open market?

No insider open-market purchases in the last 12 months

Are both company buybacks and insider buying independently active? Bull when the company is buying back stock in 2+ quarters and insiders have made 2+ open-market purchases.

Need both buyback and insider purchase data

Over the last 90 days, are insiders net buyers or net sellers on the open market?

Insiders bought $0M, sold $36M in the last 90 days (net selling)

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

Company buying back stock while insiders sold 52199861.6x more than bought. 5 C-suite officers among sellers

• Troutman Michael (Chief Information Officer) sold 448 shares on 2026-02-17
• PETERSON MARK W (Chief Administrative Officer) sold 2,006 shares on 2026-02-17
• Schoon Jeffrey A (President) sold 1,286 shares on 2026-02-11
• PETERSON MARK W (Chief Administrative Officer) sold 3,793 shares on 2026-02-11
• Pauli David J (Chief Financial Officer) sold 812 shares on 2026-02-11
• Troutman Michael (Chief Information Officer) sold 919 shares on 2026-02-11
• Pauli David J (Chief Financial Officer) sold 7,639 shares on 2026-02-10
• ADAMS TODD A. (Chairman and CEO) sold 263,347 shares on 2026-02-09
• ADAMS TODD A. (Chairman and CEO) sold 5,050 shares on 2026-02-10
• ADAMS TODD A. (Chairman and CEO) sold 270,000 shares on 2026-02-10