Form 4: Zurn Elkay Water Solutions Corp: Director April Jalazo Sells Shares
SEC Form 4
Director April Jalazo reports selling 154,433 shares of Zurn Elkay Water Solutions Corp at a weighted average price of $30.53 on June 18, 2024.
Summary
- On June 18, 2024, April Jalazo, a director of Zurn Elkay Water Solutions Corp, sold 154,433 shares of common stock.
- The shares were sold at a weighted average price of $30.53, with individual transactions ranging from $30.40 to $30.85.
- Following the transaction, April Jalazo's directly held shares amount to 23,719,731.
- She also has indirect ownership through Ice Mountain LLC (14,101 shares), Katz New VBA Trust (236,387 shares), and Katz Voting Stock Trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock sale by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity, which is common for publicly traded companies. It provides transparency to investors regarding the transactions of company insiders.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, but the impact is likely minimal given the relatively small number of shares sold compared to the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 06/18/2024 | Date of the transaction: April Jalazo sold shares of Zurn Elkay Water Solutions Corp. |
| 06/20/2024 | Date of signature on the Form 4 filing by April Jalazo. |
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