Form 4: Ice Mountain LLC Sells 46,380 Shares of Zurn Elkay Water Solutions Corp (ZWS)

Ice Mountain LLC, a 10% owner of Zurn Elkay Water Solutions Corp, disposed of 46,380 shares of common stock at an average price of $32.

Summary

• On May 24, 2024, Ice Mountain LLC sold 46,380 shares of Zurn Elkay Water Solutions Corp (ZWS) common stock.
• The shares were sold at a weighted average price of $32, with individual transactions ranging from $32.00 to $32.04.
• Following the transaction, Ice Mountain LLC directly holds 24,168,932 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: This is a routine disclosure of a stock sale by a major shareholder. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders and major shareholders.

Stakeholder Impact

• The sale of shares by a major shareholder could potentially create short-term price volatility, but the overall impact on stakeholders is likely to be minimal given the relatively small size of the transaction compared to the total shares outstanding.

Key Dates