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

April Jalazo, a director of Zurn Elkay Water Solutions Corp, sold 36,938 shares of common stock at an average price of $30.44 on June 20, 2024.

Summary

• On June 20, 2024, April Jalazo, a director of Zurn Elkay Water Solutions Corp, sold 36,938 shares of common stock.
• The shares were sold at a weighted average price of $30.44, with individual transactions ranging from $30.40 to $30.51.
• Following the transaction, April Jalazo continues to indirectly beneficially own a significant number of shares through various trusts: Ice Mountain LLC (23,682,793 shares), Katz New VBA Trust (14,101 shares), and Katz Voting Stock Trust (236,387 shares).
• Jalazo disclaims beneficial ownership of these 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 the sale itself could be interpreted in various ways by the market.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders, such as 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 the company's prospects.

Stakeholder Impact

• The stock sale by a director could influence investor sentiment, potentially affecting the stock price.

Key Dates