Form 4: Aimee Katz Sells 154,433 Shares of Zurn Elkay Water Solutions Corp (ZWS)

Sentiment:

SEC Form 4 Filing


Aimee Katz, a director of Zurn Elkay Water Solutions Corp, sold 154,433 shares of common stock at an average price of $30.53 on June 18, 2024.

Summary

  • On June 18, 2024, Aimee Katz, a director of Zurn Elkay Water Solutions Corp (ZWS), sold 154,433 shares of common stock.
  • The shares were sold at a weighted average price of $30.53, with individual transactions ranging from $30.40 to $30.85.
  • Following the transaction, Aimee Katz directly owns 6,678 shares of common stock.
  • Aimee Katz may be deemed to beneficially own 23,719,731 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 disclaims beneficial interest except to the extent of her pecuniary interest.
  • The sale was reported on a Form 4 filed with the Securities and Exchange Commission on June 20, 2024.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a routine disclosure of a stock sale by a company director. The size of the sale is relatively small compared to the total shares beneficially owned.

Industry Context

This Form 4 filing indicates a change in the holdings of a company insider, which is a common occurrence. Investors often monitor these filings for insights into management's perspective on the company's value and future prospects.

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 size of the transaction compared to the overall holdings.

Key Dates

DateDescription
06/18/2024Date of transaction: Aimee Katz sold shares of Zurn Elkay Water Solutions Corp.
06/20/2024Date of Form 4 filing with the SEC.

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