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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 18,052 | $16.19 | $292K |
| holding | Class A Common Stock | -- | -- | -- |
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) 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.
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.