Stocks

Notable Insider Sale at Zurn Elkay Water - April Jalazo Divests Shares

Published July 5, 2024

Zurn Water Solutions Corporation ZWS has been in the news recently due to significant insider trading activity. An event that stands out is the disposal of company shares by a key insider. A recent filing with the U.S. Securities and Exchange Commission (SEC) sheds light on these transactions, which are of interest to both current and potential investors.

Insider Trading Activity at Zurn Elkay Water

April Jalazo, who holds a position as a 10% Owner at Zurn Elkay Water with the stock ticker ZWS, made a notable sale of shares in the company. The transaction took place on July 3, according to the Form 4 filing with the SEC made on Wednesday. Jalazo sold a total of 8,240 shares of ZWS, an event that was promptly recorded in the latest insider activity report.

The significance of insider transactions cannot be understated, as they are often considered a signal of the insider's perspective on the company's future performance. While the reasons behind these sales can vary, the market typically keeps a close eye on such activities to gauge potential shifts in company valuation and strategy.

About Zurn Elkay Water ZWS

As a background, Zurn Water Solutions Corporation is headquartered in Milwaukee, Wisconsin, and operates in the industry of water system solutions. The company is dedicated to designing, manufacturing, and marketing products that enhance water quality, safety, flow control, and conservation in non-residential buildings. Such a focus places ZWS at the forefront of addressing critical water issues within infrastructure settings.

The recent insider trading activity is an important piece of information for investors, as it provides potential insights into the company’s financial health and future prospects. Monitoring these transactions is a critical part of investment due diligence and can influence investment strategies.

Insider, Trading, Activity