Form 4: Major Shareholder Caisse de depot et placement du Quebec Sells 2 Million Zevia PBC Shares

Caisse de depot et placement du Quebec, a 10% owner and director of Zevia PBC, reported the sale of 2,000,000 shares of Class A Common Stock for $3.01 per share.

Summary

• Caisse de depot et placement du Quebec (CDPQ) and its wholly-owned subsidiary CDP Investissements Inc. (CDP), both 10% owners and directors of Zevia PBC, reported a transaction.
• On June 30, 2025, CDP disposed of 2,000,000 shares of Zevia PBC's Class A Common Stock.
• The shares were sold at a price of $3.01 per share.
• Following this transaction, the reporting persons beneficially own 20,022,092 shares of Class A Common Stock.

Sentiment

Score: 3

Explanation: The sale of a significant number of shares by a major insider (10% owner and director) is generally viewed negatively by the market, as it can signal a lack of confidence or a strategic divestment. While it's a single transaction, its size warrants a cautious sentiment.

Negatives

• A significant sale of 2,000,000 shares by a 10% owner and director, Caisse de depot et placement du Quebec, could be perceived negatively by the market.
• The sale price of $3.01 per share might indicate the insider's valuation of the stock.

Future Outlook

NA

Industry Context

This Form 4 filing reports an insider transaction and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: May interpret the significant insider sale as a negative signal, potentially leading to downward pressure on the stock price.

Key Dates

Recommendation

Keywords

Zevia PBC, ZVIA, Caisse de depot et placement du Quebec, CDP Investissements Inc., Insider Trading, Form 4, Share Sale, Beneficial Ownership, Equity Transaction