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

Sentiment:

SEC Form 4


Director April Jalazo reported the sale of 43,690 shares of Zurn Elkay Water Solutions Corp at an average price of $31.93 on April 19, 2024.

Summary

  • On April 19, 2024, April Jalazo, a director of Zurn Elkay Water Solutions Corp, sold 43,690 shares of common stock at an average price of $31.93.
  • The sale was executed in multiple transactions with prices ranging from $31.91 to $31.94.
  • Following the transaction, April Jalazo indirectly beneficially owns 24,755,242 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: This is a neutral disclosure of a stock sale by a director. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This Form 4 filing is a routine disclosure of a transaction by a company insider and doesn't necessarily indicate a broader trend within the water solutions industry.

Stakeholder Impact

  • The sale of shares by a director could potentially influence investor sentiment, although the impact is likely to be minimal given the director's remaining significant indirect holdings.

Key Dates

DateDescription
04/19/2024Date of transaction (sale of shares)
04/22/2024Date of signature on the Form 4

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.