Insider Purchase: Stanbrook Acquires 12,400 PRMB Shares at ~$24
Rhea-AI Filing Summary
Primo Brands director Steven P. Stanbrook reported a direct purchase of 12,400 Class A common shares on 08/12/2025. The shares were acquired at a weighted average price of $24.0407, with individual trades executed in a range of $23.97 to $24.07. After the purchases, Stanbrook beneficially owns 125,025 shares directly. The Form 4 indicates the purchase code "P" (open-market purchases) and notes the weighted-average price disclosure and readiness to provide transaction breakdowns on request.
Positive
- Director Steven P. Stanbrook executed an open-market purchase of 12,400 Class A shares on 08/12/2025 (Transaction Code P).
- Post-transaction direct holdings rose to 125,025 shares; the weighted average purchase price was $24.0407 with a disclosed range of $23.97–$24.07.
Negative
- None.
Insights
TL;DR: A company director bought 12,400 PRMB Class A shares at a ~$24 weighted average, increasing direct holdings to 125,025 shares.
The reported open-market purchase of 12,400 shares at a weighted average of $24.0407 is a clear, quantifiable change in insider ownership. The filing documents the exact share count and price range ($23.97–$24.07), and the post-transaction direct holding is 125,025 shares. This is a routine disclosure under Section 16 showing an insider accumulation of equity; the absolute materiality depends on company share count and market context not provided here.
TL;DR: Director-level insider reported a modest purchase, formally disclosed via Form 4 with weighted-average pricing and share totals.
The filing shows compliance with disclosure rules: a director filed a Form 4 reporting purchases aggregated at a weighted average price and provided the trade price range. The increase to 125,025 directly held shares is clearly stated. The document includes the standard explanatory statement offering a breakdown of transactions upon request. No departures from reporting norms or governance concerns are evident from the content provided.