Primo Brands Corp (PRMB) CEO Eric Foss reports open-market stock purchases
Rhea-AI Filing Summary
Primo Brands Corp director and executive chair/CEO Eric J. Foss reported open-market purchases of Class A Common Stock. On 2026-08-10, he bought 83,900 shares at a weighted average price of $23.7967 per share, in multiple trades between $23.30 and $24.29. He also purchased an additional 100 shares at $24.30 per share the same day. The transactions were reported as direct ownership and were not indicated as made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Buyer: 84,000 shares
Net Buy
2 txns
Insider
FOSS ERIC J
Role
Exec. Chair and CEO
Bought
84,000 shs ($2.00M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock F1 | 83,900 | $23.7967 | $2.00M |
| Purchase | Class A Common Stock | 100 | $24.30 | $2K |
Holdings After Transaction:
Class A Common Stock — 573,806 shares (Direct)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $23.30 to $24.29, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.
Key Figures
Total shares purchased: 84,000 shares
Weighted average purchase price: $23.7967 per share
Price range of larger purchase block: $23.30–$24.29 per share
+2 more
5 metrics
Total shares purchased
84,000 shares
Aggregate shares bought by Eric J. Foss on 2026-08-10
Weighted average purchase price
$23.7967 per share
Price for 83,900 shares bought in multiple trades on 2026-08-10
Price range of larger purchase block
$23.30–$24.29 per share
Trading range for 83,900-share purchase block
Price of 100-share purchase
$24.30 per share
Separate 100-share transaction on 2026-08-10
Buy transactions count
2 transactions
Number of open-market purchases reported in this Form 4
Key Terms
Class A Common Stock, weighted average price, Rule 10b5-1
3 terms
Class A Common Stock financial
"The reporting person purchased Class A Common Stock in open-market transactions."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
weighted average price financial
"The price reported is a weighted average price for multiple transactions."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Rule 10b5-1 financial
"The Rule 10b5-1 checkbox was not marked for these transactions."
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did PRMB executive Eric J. Foss report on August 10, 2026?
Eric J. Foss reported buying 84,000 shares of Primo Brands Corp Class A Common Stock on 2026-08-10. The activity consisted of two open-market purchase transactions reported as direct ownership.
What type of security did Eric J. Foss buy in this PRMB Form 4?
Eric J. Foss bought Class A Common Stock of Primo Brands Corp. Both reported transactions on 2026-08-10 involved non-derivative Class A Common Stock acquired in open-market purchases and held as direct ownership.
What does the weighted average price disclosure mean in the PRMB Form 4?
The filing states the $23.7967 price is a weighted average for 83,900 shares purchased in multiple trades between $23.30 and $24.29. The insider undertakes to provide full per-trade details upon request.