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FMR LLC holds 8.0% of Primo Brands (NASDAQ: PRMB) via 29.14M shares

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Primo Brands Corp amendment to a Schedule 13G/A reports that FMR LLC beneficially owns 29,138,719.93 shares of Class A common stock, representing 8.0% of the class as of 03/31/2026. The filing attributes sole dispositive power for the 29,138,719.93 shares to FMR LLC and lists Abigail P. Johnson with shared reporting of the same quantity. The amendment is signed under a power of attorney referenced to an exhibit and attaches an Exhibit 99 13d-1(k)(1) agreement.

Positive

  • None.

Negative

  • None.

Insights

FMR LLC holds an 8.0% stake in Primo Brands as reported on the amended Schedule 13G/A.

FMR LLC is reported as beneficial owner of 29,138,719.93 shares with sole dispositive power; the filing reflects passive institutional reporting rather than an active change of control.

Timing and governance implications depend on any related agreements in Exhibit 99; subsequent filings would show changes in position or voting intent.

Amendment No. 3 updates the Schedule 13G/A and cites a power of attorney and a 13d-1(k)(1) agreement.

The signature block references a Power of Attorney effective 04/13/2026 and a filing accession link; Exhibit 99 is attached for the 13d-1(k)(1) agreement, which governs how the filer reports ownership.

Review Exhibit 99 to confirm any reporting allocations among subsidiaries and the filer’s classification under Schedule 13 rules.

Filing type Schedule 13G/A Amendment No. 3 Amendment reporting beneficial ownership
Shares beneficially owned 29,138,719.93 shares Amount reported for FMR LLC as of <date>03/31/2026</date>
Percent of class <percent>8.0%</percent> Percent of Class A common stock as reported
CUSIP 741623102 Class A common stock identifier
Power of Attorney effective 04/13/2026 Date of power of attorney referenced in signatures
Report reference date 03/31/2026 Reporting date tied to the Schedule 13G/A data
Schedule 13G/A regulatory
"Amendment to a Schedule 13G/A reports beneficial ownership and percentages"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
Beneficial ownership financial
"Amount beneficially owned: 29138719.93 and Percent of class: 8.0 %"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Dispositive power regulatory
"Sole Dispositive Power 29,138,719.93 shown on the cover page"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
13d-1(k)(1) agreement regulatory
"Please see Exhibit 99 for 13d-1(k) (1) agreement"
Power of Attorney legal
"Duly authorized under Power of Attorney effective as of April 13, 2026"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.





741623102

(CUSIP Number)
03/31/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



FMR LLC
Signature:Richard Bourgelas
Name/Title:Duly authorized under Power of Attorney effective as of April 13, 2026, by and on behalf of FMR LLC and its direct and indirect subsidiaries*
Date:05/05/2026
Abigail P. Johnson
Signature:Richard Bourgelas
Name/Title:Duly authorized under Power of Attorney effective as of April 13, 2026, by and on behalf of Abigail P. Johnson*
Date:05/05/2026

Comments accompanying signature: *This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on April 29,2026, accession number: 0000315066-26-000738.
Exhibit Information

Please see Exhibit 99 for 13d-1(k) (1) agreement.

FAQ

What stake does FMR LLC report in PRMB in this Schedule 13G/A?

FMR LLC reports beneficial ownership of 29,138,719.93 shares, representing 8.0% of Class A common stock as of 03/31/2026. The filing states sole dispositive power for that share count and attaches related exhibits.

Does Abigail P. Johnson appear in the PRMB filing and what is her role?

Yes. Abigail P. Johnson is named with beneficial ownership reported at 29,138,719.93 shares and is associated via the filing signatures and power of attorney. The filing shows shared reporting links to FMR LLC.

What exhibits accompany the PRMB Schedule 13G/A amendment?

The amendment references a Power of Attorney effective 04/13/2026 and attaches an Exhibit 99 13d-1(k)(1) agreement. Exhibit 99 should detail subsidiary identity and reporting classification.

Is the reported position in PRMB a controlling stake?

No. The filing reports an 8.0% beneficial ownership stake (29,138,719.93 shares), which is a significant institutional holding but does not by itself indicate control or a majority ownership position.