Form 4: Ice Mountain LLC Sells 5,232 Shares of Zurn Elkay Water Solutions Corp (ZWS)

Ice Mountain LLC, a 10% owner of Zurn Elkay Water Solutions Corp, disposed of 5,232 shares of common stock at a weighted average price of $32.08 on May 23, 2024.

Summary

• On May 23, 2024, Ice Mountain LLC sold 5,232 shares of Zurn Elkay Water Solutions Corp (ZWS) common stock.
• The shares were sold at a weighted average price of $32.08.
• Following the transaction, Ice Mountain LLC directly holds 24,215,312 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 the holdings of a major shareholder of Zurn Elkay Water Solutions Corp. Such filings are common and provide transparency into the transactions of company insiders and significant owners. The sale could be for various reasons, including portfolio diversification or personal financial needs of the selling entity.

Stakeholder Impact

• The sale of shares by a major shareholder could potentially influence investor sentiment, although the impact is likely to be minimal given the relatively small number of shares sold compared to the total outstanding shares.

Key Dates