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

Director April Jalazo reports selling 8,240 shares of Zurn Elkay Water Solutions Corp at an average price of $29.14 on July 1, 2024.

Summary

• On July 1, 2024, April Jalazo, a director of Zurn Elkay Water Solutions Corp, sold 8,240 shares of common stock at a price of $29.14 per share.
• The total value of the shares sold was approximately $239,513.60.
• Following the transaction, Jalazo directly owns 23,565,924 shares and indirectly owns 14,101 shares through Katz New VBA Trust, and 236,387 shares through Katz Voting Stock Trust.
• The shares were sold at prices ranging from $29.00 to $29.27.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing reporting a stock sale by a director. It doesn't inherently convey positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company insider, providing transparency to the market regarding their investment activities. It's common for directors and officers to periodically buy or sell shares of their company's stock.

Stakeholder Impact

• The sale of shares by a director could be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the transaction.
• However, this appears to be a relatively small transaction compared to the director's overall holdings.

Key Dates