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

Ice Mountain LLC, along with related entities, sold shares of Zurn Elkay Water Solutions Corp (ZWS) at weighted average prices of $32.20 and $32.24.

Summary

• Ice Mountain LLC, Cascade Bay LLC, and Katz 2004 DYN Trust, all with a relationship to Zurn Elkay Water Solutions Corp, filed a Form 4.
• On April 11, 2024, Ice Mountain LLC sold 1,223 shares of common stock at a weighted average price of $32.20.
• On April 12, 2024, Ice Mountain LLC sold 45,009 shares of common stock at a weighted average price of $32.24.
• Following these transactions, Ice Mountain LLC directly holds 24,902,700 shares of Zurn Elkay Water Solutions Corp.
• 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.
• DYN and Cascade Bay may be deemed to beneficially own the shares of Common Stock directly held by Ice Mountain.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing share sales, which is neutral in sentiment. It reflects transactions by a major shareholder but doesn't inherently indicate positive or negative company performance.

Industry Context

Form 4 filings are a routine part of insider trading activity and provide transparency into the transactions of significant shareholders and company insiders.

Stakeholder Impact

• The sale of shares by a significant 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 holdings.

Key Dates