Form 4: Zurn Elkay Water Solutions Corp: April Jalazo Reports Sale of Shares

Sentiment:

SEC Form 4 Filing


April Jalazo, a director of Zurn Elkay Water Solutions Corp, reported selling 8,629 shares of common stock at an average price of $30.40 on June 21, 2024.

Summary

  • On June 21, 2024, April Jalazo, a director of Zurn Elkay Water Solutions Corp, sold 8,629 shares of common stock.
  • The shares were sold at a weighted average price of $30.40, with individual transactions ranging from $30.40 to $30.42.
  • Following the transaction, April Jalazo directly owns 23,674,164 shares and indirectly owns 14,101 shares through Katz New VBA Trust, and 236,387 shares through Katz Voting Stock Trust.
  • The sale was reported on a Form 4 filing with the Securities and Exchange Commission.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a stock sale by a company director. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This is a routine disclosure of stock transactions by a company insider. It's common for directors and officers to buy and sell shares of their company's stock, and these transactions are reported to the SEC to ensure transparency.

Stakeholder Impact

  • The sale of shares by a director could have a minor impact on shareholder confidence, but is unlikely to be significant given the relatively small number of shares sold compared to the total outstanding shares.

Key Dates

DateDescription
06/21/2024Date of transaction: April Jalazo sold shares of Zurn Elkay Water Solutions Corp.
06/24/2024Date of signature on the Form 4 filing.

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