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 $30.10 on June 10, 2024.

Summary

• On June 10, 2024, April Jalazo, a director of Zurn Elkay Water Solutions Corp, sold 100,000 shares of common stock.
• The shares were sold at a weighted average price of $30.10, with individual transactions ranging from $30.00 to $30.18.
• Following the transaction, Jalazo's indirectly held beneficial ownership includes 24,068,932 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: 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

Form 4 filings are standard disclosures required by the SEC when corporate insiders, like directors and officers, trade their company's stock. These filings provide transparency into insider transactions, which can be closely watched by investors for signals about a company's prospects.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, although the director retains significant indirect ownership.
• The impact on other stakeholders is likely minimal, as this is a personal financial transaction of a director.

Key Dates