Form 4: Zurn Elkay Water Solutions Corp: Director April Jalazo Sells 100,000 Shares

April Jalazo, a director of Zurn Elkay Water Solutions Corp, sold 100,000 shares of common stock at an average price of $29.04 on June 28, 2024.

Summary

• On June 28, 2024, April Jalazo, a director of Zurn Elkay Water Solutions Corp (ZWS), sold 100,000 shares of common stock.
• The shares were sold at a weighted average price of $29.04, with individual transactions ranging from $29.00 to $29.21.
• Following the transaction, Jalazo directly owns 23,574,164 shares and indirectly owns 14,101 shares through Katz New VBA Trust, and 236,387 shares through Katz Voting Stock Trust.
• Jalazo disclaims beneficial ownership of the indirectly held shares except to the extent of her pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a director's stock sale. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

Form 4 filings are a routine part of insider trading activity and are used by investors to track the trading activity of company insiders.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, potentially leading to a slight decrease in stock price, although the impact is likely to be minimal given the size of the sale relative to the total outstanding shares.

Key Dates