Form 4: April Jalazo Sells 46,380 Shares of Zurn Elkay Water Solutions Corp (ZWS)

April Jalazo, a director of Zurn Elkay Water Solutions Corp, sold 46,380 shares of common stock at an average price of $32.00 on May 24, 2024.

Summary

• On May 24, 2024, April Jalazo, 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, Jalazo indirectly beneficially owns 24,168,932 shares through Ice Mountain LLC, 14,101 shares through Katz New VBA Trust, and 236,387 shares through Katz Voting Stock Trust.
• Jalazo disclaims beneficial ownership of these indirectly held shares except to the extent of her pecuniary interest.

Sentiment

Score: 5

Explanation: Neutral. This is a standard regulatory filing for an insider stock sale. It doesn't inherently indicate positive or negative sentiment about the company's future.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency to the market regarding the transactions of company insiders.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, although the amount is relatively small compared to the total shares outstanding.
• The filing provides transparency to all stakeholders regarding insider transactions.

Key Dates