Primo Brands Corp (PRMB) CFO reports RSU tax share withholding
Rhea-AI Filing Summary
Primo Brands Corp reported an insider equity transaction by its Chief Financial Officer. On 01/03/2026, the CFO had 18,052 shares of Class A Common Stock withheld at $16.19 per share to satisfy tax obligations arising from the vesting of restricted stock units.
Following this tax withholding, the CFO beneficially owned 366,691 shares of Class A Common Stock directly and 64,745 shares indirectly through various personal, trust, retirement, LLC, custodial, and spousal accounts, as detailed in the footnotes.
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FAQ
What insider transaction did Primo Brands Corp (PRMB) report in this Form 4?
The Form 4 reports that the Chief Financial Officer had 18,052 shares of Class A Common Stock withheld on 01/03/2026 to cover tax obligations from the vesting of restricted stock units.
At what price were Primo Brands Corp (PRMB) shares withheld for taxes?
The 18,052 Class A Common Stock shares were withheld at a price of $16.19 per share to satisfy tax obligations tied to restricted stock unit vesting.
How many Primo Brands Corp (PRMB) shares does the reporting officer own directly after the transaction?
After the reported transaction, the Chief Financial Officer directly beneficially owned 366,691 shares of Primo Brands Corp Class A Common Stock.
How many Primo Brands Corp (PRMB) shares are indirectly owned by the reporting person?
The filing shows 64,745 shares of Class A Common Stock indirectly owned through a living trust, a Roth IRA, an LLC, custodial accounts for nieces and nephews, and the spouse.
What is the nature of the indirect ownership reported for Primo Brands Corp (PRMB)?
Indirect holdings include 53,934 shares in a living trust where the person is trustee, 3,846 shares in a Roth IRA, 3,481 shares held by HB Capital LLC, 2,656 shares in custodial accounts for nieces and nephews, and 828 shares held through the spouse.
Does the reporting person fully claim beneficial ownership of all indirect Primo Brands Corp (PRMB) shares?
No. The reporting person states they may be deemed an indirect beneficial owner of the securities held by HB Capital LLC but disclaim beneficial ownership of those shares except to the extent of their pecuniary interest.