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

Sentiment:

SEC Form 4 Filing


Aimee Katz, a director at Zurn Elkay Water Solutions Corp, sold 36,938 shares of common stock at an average price of $30.44 on June 20, 2024.

Summary

  • On June 20, 2024, Aimee Katz, a director of Zurn Elkay Water Solutions Corp (ZWS), sold 36,938 shares of common stock.
  • The sale price was $30.44 per share, with individual transactions ranging from $30.40 to $30.51.
  • Following the transaction, Aimee Katz continues to beneficially own 23,682,793 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 document is a standard regulatory filing detailing a stock sale by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for insights into management's perspective on the company's stock.

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 indirect ownership structure.

Key Dates

DateDescription
06/20/2024Date of transaction: Aimee Katz sold shares of Zurn Elkay Water Solutions Corp.
06/21/2024Date of signature on the Form 4 filing.

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