Form 4: Ice Mountain LLC Sells 36,938 Shares of Zurn Elkay Water Solutions Corp (ZWS)
SEC Form 4 Filing
Ice Mountain LLC, a 10% owner of Zurn Elkay Water Solutions Corp, sold 36,938 shares of common stock at an average price of $30.44 on June 20, 2024.
Summary
- On June 20, 2024, Ice Mountain LLC sold 36,938 shares of Zurn Elkay Water Solutions Corp (ZWS) common stock.
- The shares were sold at a weighted average price of $30.44, with individual transactions ranging from $30.40 to $30.51.
- Following the transaction, Ice Mountain LLC directly holds 23,682,793 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 the sale of shares by a major holder could be interpreted neutrally to slightly negatively depending on the context.
Industry Context
This Form 4 filing indicates a change in ownership by a significant shareholder. It's important to monitor further filings to understand the overall trend in insider activity and its potential impact on the stock's performance.
Stakeholder Impact
- Shareholders may react to the sale of shares by a significant holder, potentially impacting the stock price.
Key Dates
| Date | Description |
|---|---|
| 06/20/2024 | Date of transaction: Ice Mountain LLC sold shares of Zurn Elkay Water Solutions Corp. |
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