Form 4: Aimee Katz Sells 46,380 Shares of Zurn Elkay Water Solutions Corp (ZWS)
SEC Form 4
Aimee Katz, a director of Zurn Elkay Water Solutions Corp, sold 46,380 shares of common stock at an average price of $32.00 per share on May 24, 2024.
Summary
- On May 24, 2024, Aimee Katz, a director of Zurn Elkay Water Solutions Corp (ZWS), sold 46,380 shares of the company's common stock.
- The shares were sold at a weighted average price of $32.00, with individual transactions ranging from $32.00 to $32.04.
- Following the transaction, Aimee Katz directly owns 6,678 shares of common stock.
- Aimee Katz may be deemed to beneficially own 24,168,932 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 disclaims beneficial ownership except to the extent of her pecuniary interest.
- The sale was reported on a Form 4 filed with the Securities and Exchange Commission.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine disclosure of an insider stock sale. The size of the sale is not significant enough to indicate a strong negative or positive sentiment.
Industry Context
This is a routine disclosure of insider trading activity. It is common for company insiders to buy and sell shares of their company's stock. The disclosure provides transparency to the market.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders due to the increased supply of shares in the market.
Key Dates
| Date | Description |
|---|---|
| 05/24/2024 | Date of stock sale transaction |
| 05/28/2024 | Date of Form 4 filing |
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