Form 4: Zurn Elkay Water Solutions Corp: Director April Jalazo Reports Sale of Common Stock

Director April Jalazo reports the sale of 236,728 shares of Zurn Elkay Water Solutions Corp common stock at an average price of $32.44.

Summary

• On April 23, 2024, April Jalazo, a director of Zurn Elkay Water Solutions Corp, sold 236,728 shares of common stock.
• The shares were sold at a weighted average price of $32.44, with individual transactions ranging from $32.10 to $32.73.
• Following the transaction, Jalazo continues to beneficially own a significant number of shares indirectly through various trusts: Ice Mountain LLC (24,268,932 shares), Katz New VBA Trust (14,101 shares), and Katz Voting Stock Trust (236,387 shares).
• Jalazo disclaims beneficial ownership of these indirectly held shares except to the extent of her pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

This filing is a routine disclosure of a transaction by a company insider and provides transparency to the market regarding the trading activities of key personnel.

Stakeholder Impact

• The sale of shares by a director could have a minor impact on shareholder confidence, but the disclosed indirect ownership suggests continued alignment with the company's interests.

Key Dates