Form 4: Ice Mountain LLC Sells Shares of Zurn Elkay Water Solutions Corp

Ice Mountain LLC, a 10% owner of Zurn Elkay Water Solutions Corp, sold 111,760 shares of common stock at an average price of $29.07 on July 2, 2024.

Summary

• On July 2, 2024, Ice Mountain LLC sold 111,760 shares of Zurn Elkay Water Solutions Corp common stock.
• The shares were sold at a weighted average price of $29.07, with individual transactions ranging from $29.00 to $29.13.
• Following the transaction, Ice Mountain LLC directly holds 23,454,164 shares of 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 broader 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 if this is an isolated event or part of a larger trend.

Stakeholder Impact

• Shareholders may react to the news of a significant holder selling shares, potentially impacting the stock price.

Key Dates