Form 4: Aimee Katz, Director at Zurn Elkay Water Solutions Corp, Sells 100,000 Shares

Aimee Katz, a director at Zurn Elkay Water Solutions Corp, sold 100,000 shares of common stock at an average price of $29.04 on June 28, 2024.

Summary

• On June 28, 2024, Aimee Katz, a director of Zurn Elkay Water Solutions Corp (ZWS), sold 100,000 shares of the company's common stock.
• The shares were sold at a weighted average price of $29.04, with individual transactions ranging from $29.00 to $29.21.
• Following the transaction, Aimee Katz continues to beneficially own a significant number of shares through various trusts, including Ice Mountain LLC, Katz New VBA Trust, and Katz Voting Stock Trust.
• Katz disclaims beneficial ownership of shares held by these trusts except to the extent of her pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Management Comments

• Aimee Katz disclaims beneficial interest of the shares of Common Stock directly held by Ice Mountain except to the extent of her pecuniary interest therein.
• Aimee Katz disclaims beneficial interest of the shares of Common Stock directly held by New VBA except to the extent of her pecuniary interest therein.
• Aimee Katz disclaims beneficial interest of the shares of Common Stock directly held by KVST except to the extent of her pecuniary interest therein.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential sentiment.

Stakeholder Impact

• The sale of shares by a director could be perceived as a neutral to slightly negative signal by shareholders, depending on the context and reasons for the sale.

Key Dates