Primo Brands Corp (PRMB) CFO settles RSU taxes with 2,719 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Primo Brands Corp’s Chief Financial Officer, David W. Hass, reported an automatic share withholding tied to equity compensation. On January 23, 2026, 2,719 shares of Class A Common Stock were withheld at $19.26 per share to cover taxes on vested restricted stock units.
After this transaction, Hass directly beneficially owned 363,972 Class A shares. He also indirectly held 64,745 Class A shares through several related accounts, including the David W. Hass Living Trust, a Roth IRA, HB Capital LLC, custodial accounts for nieces and nephews, and his spouse’s holdings, with a disclaimer of beneficial ownership for HB Capital LLC beyond his economic interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Hass David W.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 2,719 | $19.26 | $52K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 363,972 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 did Primo Brands Corp (PRMB) disclose in this Form 4 filing?
Primo Brands Corp reported its CFO, David W. Hass, had 2,719 Class A shares withheld to cover taxes on vested restricted stock units. After this non-discretionary transaction, he held 363,972 shares directly and 64,745 shares indirectly through various related accounts.
What does transaction code F mean in the Primo Brands (PRMB) Form 4?
Transaction code F indicates shares were withheld to pay taxes on vested equity awards. In this case, 2,719 Class A shares were withheld upon vesting of restricted stock units granted to the CFO, rather than sold voluntarily on the open market.