ZWS.NYSEZurn Elkay Water Solutions CORP
Form 4: Zurn Elkay Water Solutions Director Timothy Jahnke Gifts 200,000 Shares to Irrevocable Trust
Sentiment:
SEC Form 4 Filing
Director Timothy Jahnke of Zurn Elkay Water Solutions Corp. reports gifting 200,000 shares of common stock to an irrevocable trust on May 30, 2024.
Summary
- On May 30, 2024, Timothy J. Jahnke, a director of Zurn Elkay Water Solutions Corp., gifted 200,000 shares of the company's common stock to an irrevocable trust.
- The reporting person's spouse is the trustee of the trust.
- Following the transaction, Jahnke directly owns 393,485 shares of Zurn Elkay Water Solutions Corp.
- Jahnke also indirectly owns 200,000 shares through the irrevocable trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing reporting a gift of shares. It doesn't inherently convey positive or negative sentiment.
Stakeholder Impact
- The gift of shares to an irrevocable trust may have implications for the director's personal financial planning.
- The transaction itself is unlikely to have a significant direct impact on other stakeholders.
Key Dates
| Date | Description |
|---|---|
| 05/30/2024 | Date of transaction: Gift of 200,000 shares to an irrevocable trust. |
| 06/03/2024 | Date of signature on the Form 4 filing. |
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