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.
FAQ
What transaction did PRMB director Steven P. Stanbrook report?
How many PRMB shares does Stanbrook beneficially own after the reported transaction?
What price range and weighted average were disclosed for the PRMB purchases?
What relationship to Primo Brands does the reporting person have?
Who signed the Form 4 on behalf of the reporting person?