Primo Brands (PRMB) CFO discloses Form 4 stock tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Primo Brands Corp (PRMB) Chief Financial Officer reports tax‑related stock transactions. On December 7, 2025, 503 shares of Class A Common Stock and on December 8, 2025, 2,682 shares were withheld and disposed of at $15.47 per share, coded "F" to indicate shares withheld to cover taxes due on vesting restricted stock units.
After these transactions, the CFO directly owns 353,412 shares of Class A Common Stock and indirectly holds 64,745 shares through a trust, a Roth IRA, an LLC, custodial accounts for relatives, and a spouse’s holdings, reflecting his ongoing equity stake in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Hass David W.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 2,682 | $15.47 | $41K |
| Tax Withholding | Class A Common Stock | 503 | $15.47 | $8K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 353,412 shares (Direct);
Class A Common Stock — 64,745 shares (Indirect, See Footnote)
Footnotes (1)
- Represents the number of Class A Common Stock withheld to satisfy tax obligations due upon the vesting of restricted stock units granted to the Reporting Person. Includes (i) 53,934 shares of Class A Common Stock held by David W. Hass Living Trust, of which reporting person is a trustee, (ii) 3,846 shares of Class A Common Stock held by a Roth IRA for the benefit of the reporting person, (iii) 3,481 shares of Class A Common Stock owned by HB Capital LLC, of which reporting person is a member, (iv) 2,656 shares of Class A Common Stock held by the nieces and nephews of the reporting person through custodial accounts under the Uniform Transfers to Minors Act for which the reporting person is custodian, and (v) 828 shares of Class A Common Stock held through reporting person's spouse. The reporting person may be deemed an indirect beneficial owner of the securities held directly by HB Capital LLC. The reporting person disclaims beneficial ownership of the securities held directly by HB Capital LLC, except to the extent of his pecuniary interest therein.
FAQ
What insider transaction did Primo Brands Corp (PRMB) disclose in this Form 4?
This Form 4 reports that the Chief Financial Officer had 503 shares on December 7, 2025 and 2,682 shares on December 8, 2025 of Class A Common Stock withheld and disposed of at $15.47 per share to satisfy tax obligations from vested restricted stock units.
What does transaction code "F" mean for the Primo Brands CFO Form 4?
Transaction code "F" in this Form 4 indicates that the reported Class A Common Stock shares were withheld to satisfy tax obligations due upon the vesting of restricted stock units granted to the Chief Financial Officer.
Are the Primo Brands (PRMB) CFO’s indirect holdings detailed in this Form 4?
Yes. The Form 4 notes indirect ownership of 64,745 shares, including 53,934 shares in the David W. Hass Living Trust, 3,846 in a Roth IRA, 3,481 held by HB Capital LLC, 2,656 in custodial accounts for nieces and nephews, and 828 shares held through the CFO’s spouse.
Does the Primo Brands CFO disclaim any beneficial ownership in this Form 4?
The Chief Financial Officer states that he may be deemed an indirect beneficial owner of the securities held by HB Capital LLC but disclaims beneficial ownership of those securities except to the extent of his pecuniary interest in them.
Is the reported Primo Brands (PRMB) Form 4 filed for one reporting person or a group?
The Form 4 is indicated as filed by one reporting person, who serves as the Chief Financial Officer of Primo Brands Corp.