Form 4: Ice Mountain LLC Sells 8,240 Shares of Zurn Elkay Water Solutions Corp (ZWS)
SEC Form 4
Ice Mountain LLC, a 10% owner of Zurn Elkay Water Solutions Corp, sold 8,240 shares of common stock at an average price of $29.14 on July 1, 2024.
Summary
- On July 1, 2024, Ice Mountain LLC sold 8,240 shares of Zurn Elkay Water Solutions Corp (ZWS) common stock.
- The shares were sold at a weighted average price of $29.14, with individual transactions ranging from $29.00 to $29.27.
- Following the transaction, Ice Mountain LLC directly holds 23,565,924 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 sale of shares. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about a transaction.
Industry Context
This Form 4 filing indicates a change in the holdings of a major shareholder, Ice Mountain LLC, in Zurn Elkay Water Solutions Corp. Such filings are common and provide transparency into the transactions of company insiders and significant owners.
Stakeholder Impact
- The sale of shares by a significant shareholder like Ice Mountain LLC 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 holdings.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of transaction: Ice Mountain LLC sold shares of Zurn Elkay Water Solutions Corp. |
| 07/02/2024 | Date of signature for the Form 4 filing by John Thickens on behalf of Ice Mountain LLC, Cascade Bay LLC, and Katz 2004 DYN Trust. |
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