Form 4: Ice Mountain LLC Sells 154,433 Shares of Zurn Elkay Water Solutions Corp (ZWS)

Ice Mountain LLC, a 10% owner of Zurn Elkay Water Solutions Corp, sold 154,433 shares of common stock at an average price of $30.53 on June 18, 2024.

Summary

• On June 18, 2024, Ice Mountain LLC sold 154,433 shares of Zurn Elkay Water Solutions Corp (ZWS) common stock.
• The shares were sold at a weighted average price of $30.53, with individual transactions ranging from $30.40 to $30.85.
• Following the transaction, Ice Mountain LLC directly holds 23,719,731 shares of ZWS common stock.
• Cascade Bay LLC is the manager and sole Class A Member of Ice Mountain LLC.
• The Katz 2004 DYN Trust is the Special Assets Manager of Cascade Bay LLC and may be deemed to beneficially own the shares held by Ice Mountain LLC.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a transaction. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about a share sale.

Industry Context

This Form 4 filing indicates a change in ownership by a major shareholder, which is a common occurrence. The sale could be for various reasons, including portfolio rebalancing or strategic decisions by the shareholder.

Stakeholder Impact

• The sale of shares by a major shareholder could potentially influence investor sentiment and the stock price of Zurn Elkay Water Solutions Corp.

Key Dates