Zurn Elkay Water Insider Aimee Katz Sells Over $7 Million in Company Stock

Zurn Water Solutions Corporation ZWS, a leader in water system solutions, recently witnessed a significant insider sale by one of its major stakeholders. According to the latest disclosure with the U.S. Securities and Exchange Commission (SEC), Aimee Katz, who holds a 10% ownership stake in the company, divested a large number of shares. The transaction has stirred the market, giving rise to discussions among investors regarding ZWS's financial direction and insider confidence.

Details of the Transaction

A filing made public on Thursday through a Form 4 with the SEC unveiled that Aimee Katz, a key insider of Zurn Elkay Water, executed a substantial sale of company stock. The transaction involved offloading 236,728 shares. This move by Katz has resulted in considerable attention from the market as it represents a transfer of stock valued at approximately $7.68 million, based on the prevailing market prices at the time of the sale.

Company Overview

With its headquarters in Milwaukee, Wisconsin, Zurn Water Solutions Corporation is engaged in the design, acquisition, manufacturing, and marketing of innovative water system solutions. The company focuses on enhancing water quality, safety, flow control, and conservation across non-residential buildings. ZWS's market activities and insider transactions are closely monitored by investors, as these can often provide deeper insights into the company's performance and strategic decisions.

insider, sale, stock