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

Ice Mountain LLC, a 10% owner of Zurn Elkay Water Solutions Corp, sold 8,629 shares of common stock at an average price of $30.40 per share on June 21, 2024.

Summary

• On June 21, 2024, Ice Mountain LLC sold 8,629 shares of Zurn Elkay Water Solutions Corp (ZWS) common stock.
• The shares were sold at a weighted average price of $30.40, with individual transactions ranging from $30.40 to $30.42.
• Following the transaction, Ice Mountain LLC directly holds 23,674,164 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 Form 4 filing, indicating a transaction by a significant shareholder. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the share sale.

Industry Context

This transaction represents a change in holdings by a significant shareholder, which is a common occurrence and is regularly monitored by investors for insights into the perspectives of major stakeholders.

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