Zevia Pbc SEC Filings

White Pine LLC and its parent Laird Norton Company LLC filed Amendment No. 4 to Schedule 13G disclosing that their combined beneficial ownership of Zevia PBC (ticker ZVIA) has fallen below the 5 % reporting threshold. As of 30 June 2025 they hold 951,548 Class A shares and 2,405,938 exchangeable Class B units/shares, totalling 3,357,486 shares, equal to 4.9 % of the Class A float and roughly 4.5 % of all outstanding capital stock. All voting and dispositive power is shared; neither entity has sole authority.

The amendment also corrects an earlier overstatement: Amendment No. 3 had reported 4,838,288 shares, but the accurate figure for 31 December 2024 was 4,747,490. Because the current stake is now below 5 %, this filing constitutes an exit filing; future 13G updates are not required unless ownership again exceeds the threshold.

Implications for investors are moderate. A previous >5 % holder has marginally reduced (or been diluted in) its position, slightly increasing Zevia’s free-float and diminishing the potential influence of White Pine/LNC on shareholder matters. No operational, financial or strategic changes are mentioned.

Schedule 13D/A Amendment No. 1 Overview — CDP Investissements Inc. (CDPI) and its parent, Caisse de dépôt et placement du Québec (CDPQ), filed an amended Schedule 13D covering their investment in Zevia PBC (ticker: ZVIA). The amendment, dated 30 June 2025 and signed 2 July 2025, updates the ownership levels originally reported in August 2021.

Current Ownership — CDPI is the direct beneficial owner of 20,022,092 Class A common shares, equal to 30.3 % of Zevia’s 66,064,650 outstanding shares (per the issuer’s S-3 filed 28 May 2025). CDPI and CDPQ share both voting and dispositive power over these shares; neither entity holds sole voting or dispositive authority. CDPI’s source of funds is listed as working capital ("WC"); CDPQ’s is classified as "OO" (other).

Reporting Structure — Two reporting persons appear:

• CDP Investissements Inc., a Québec corporation (Type: CO).
• Caisse de dépôt et placement du Québec, a Québec governmental institutional investor (Type: OO).

Key Amendments

• Item 2(f): Updated citizenship details for officers/directors (referenced in Annex A).
• Item 5(a)–(c): Restates the precise share count, percentage ownership, and clarifies that CDPQ’s ownership is indirect through CDPI. Annex B (not provided) lists any share transactions within the last 60 days; the filing states no other transactions were made during that period.

Implications for Investors — With a >30 % stake, CDPI/CDPQ remain Zevia’s dominant outside shareholder. While the filing does not outline new strategic intentions, Schedule 13D (rather than 13G) signals that the investors reserve the right to influence corporate matters. No change in control, material financing, or board action is disclosed in this amendment.

On 06/30/2025, Quest Resource Holding Corp. (QRHC) director Sarah Tomolonius reported the acquisition of 1,732 deferred stock units (DSUs) at an indicated price of $2.02 per unit, under the company’s 2024 Incentive Compensation Plan. These DSUs will convert into common shares when the director separates from the company.

After the transaction, Tomolonius beneficially owns 28,196 DSUs—18,027 granted in 2012 and 10,169 granted in 2024—plus 13,926 common shares held outright. Her total economic exposure therefore rises to approximately 42,122 shares. Ownership remains direct and no derivative securities were involved.

The purchase modestly increases insider alignment but is not material relative to QRHC’s overall share count or trading volume. No indication of a Rule 10b5-1 trading plan was disclosed, and no additional executive or strategic information accompanied the filing.

Zevia PBC (NYSE: ZVIA) filed a Form 144 notice indicating a planned sale of up to 2,000,000 Class A common shares. The shares, to be brokered through BMO Capital Markets, have an aggregate market value of $7.28 million and represent roughly 3.0% of the 66,064,650 shares outstanding. The seller originally acquired the stock on 12/21/2020 by purchasing Series E Preferred Units that converted into common stock at the company’s IPO. No other sales were reported for the past three months, and the anticipated sale date is 06/30/2025. Form 144 filings are notices only; the transaction may not occur and the exact seller identity is not disclosed in the excerpt.

Key take-aways for investors include the size of the proposed block, the potential for incremental trading volume around the target date, and the absence of recent sales by this holder. While the filing does not signal operational changes at Zevia, it can influence supply-demand dynamics and short-term sentiment.