Form 4: Aimee Katz, Director at Zurn Elkay Water Solutions Corp, Reports Sale of Common Stock
SEC Form 4 Filing
Aimee Katz, a director at Zurn Elkay Water Solutions Corp, reported the sale of 48,388 shares of common stock at an average price of $32.97 on May 22, 2024.
Summary
- On May 22, 2024, Aimee Katz, a director of Zurn Elkay Water Solutions Corp, sold 48,388 shares of common stock.
- The shares were sold at a weighted average price of $32.97, with individual transactions ranging from $32.91 to $32.98.
- Following the transaction, Aimee Katz beneficially owns 24,220,544 shares indirectly through various trusts: Ice Mountain LLC, Katz New VBA Trust, and Katz Voting Stock Trust.
- Katz disclaims beneficial ownership of these shares except to the extent of her pecuniary interest.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports a transaction. It doesn't indicate positive or negative performance for the company.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common and regulated by the SEC to ensure transparency and prevent unfair advantages.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, but the impact is likely minimal given the relatively small number of shares sold compared to the total shares outstanding and the disclaimer of beneficial ownership.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Date of transaction: Sale of common stock. |
| 05/23/2024 | Date of report signature. |
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