secwatch.observer — SEC 8-K summary
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Issuer:     Zurn Elkay Water Solutions Corp (ZWS)
CIK:        0001439288
Form:       8-K
Filed at:   2025-02-13T23:59:59+00:00
Accession:  0001193125-25-026127
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ice Mountain LLC sells 7.75M Zurn Elkay shares at $35; company repurchases $55M in shares
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- Selling stockholder Ice Mountain LLC priced 7.75M shares of ZWS at $35.00 per share; closing on Feb 13, 2025.
- Zurn Elkay repurchased 1,636,905 shares from underwriters for approx $55M; company received no offering proceeds.
- Underwriters have 30-day option for up to 1,162,500 additional shares from Ice Mountain; option exercised Feb 12.
- Ice Mountain (Elkay founding family) entered lock-up on remaining shares through Oct 31, 2026; plans to remain significant investor.
- Evercore ISI lead book-runner; Baird, BNP Paribas, Deutsche Bank, Mizuho, Oppenheimer, Stifel co-managers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1439288/000119312525026127/0001193125-25-026127-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1439288/000119312525026127/d922846d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-026127

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