Form 4: Aimee Katz, Director at Zurn Elkay Water Solutions Corp, Reports Sale of Common Stock

Aimee Katz, a director at Zurn Elkay Water Solutions Corp, reported the sale of 6,678 shares of common stock at a price of $32.44 on April 23, 2024.

Summary

• On April 23, 2024, Aimee Katz, a director of Zurn Elkay Water Solutions Corp, sold 6,678 shares of common stock at a weighted average price of $32.44.
• The sale was executed in multiple transactions with prices ranging from $32.10 to $32.73.
• Following the transaction, Aimee Katz directly owns 236,728 shares of common stock.
• Additionally, she may be deemed to beneficially own 24,268,932 shares held by Ice Mountain LLC, 14,101 shares held by Katz New VBA Trust, and 236,387 shares held by Katz Voting Stock Trust, but she disclaims beneficial ownership except to the extent of her pecuniary interest.
• The reporting person has undertaken to provide full information regarding the number of shares sold at each separate price within the specified ranges upon request.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a standard Form 4 filing indicating a stock sale by a director. Without additional context, it's neither particularly positive nor negative.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common in the corporate world. It provides transparency to investors regarding the actions of company leadership.

Stakeholder Impact

• The sale of shares by a director could have a minor impact on shareholder confidence, but is unlikely to be significant given the relatively small number of shares sold compared to the total outstanding shares.

Key Dates