Form 4: Aimee Katz Sells 111,760 Shares of Zurn Elkay Water Solutions Corp (ZWS)
SEC Form 4 Filing
Aimee Katz, a director of Zurn Elkay Water Solutions Corp, sold 111,760 shares of common stock at an average price of $29.07 on July 2, 2024.
Summary
- On July 2, 2024, Aimee Katz, a director of Zurn Elkay Water Solutions Corp (ZWS), sold 111,760 shares of the company's common stock.
- The shares were sold at a weighted average price of $29.07, with individual transactions ranging from $29.00 to $29.13.
- Following the transaction, Aimee Katz directly owns 6,678 shares and may be deemed to beneficially own 23,454,164 shares indirectly through various trusts (Ice Mountain LLC, Katz New VBA Trust, and Katz Voting Stock Trust).
- Katz disclaims beneficial ownership of the indirectly held shares except to the extent of her pecuniary interest.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a stock sale by a company director. It doesn't inherently convey positive or negative sentiment, but rather reports a transaction. The sentiment is neutral.
Industry Context
Form 4 filings are a routine part of insider trading activity and are used by investors to track the trading activity of company insiders. This sale represents a small percentage of Katz's overall holdings.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, although the impact is likely minimal given the relatively small size of the sale compared to the total shares outstanding and the director's overall holdings.
Key Dates
| Date | Description |
|---|---|
| 07/02/2024 | Date of the stock sale transaction. |
| 07/03/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.