Primo Brands CORP Schedule 13D activist filings

Primo Brands Corporation's Schedule 13D filing details a significant share transaction involving Triton Water Equity Holdings, LP, including an underwriting agreement for 20 million shares and a subsequent repurchase of 410,340 shares.

A key shareholder group of Primo Brands Corp. has refinanced a significant portion of its Class A Common Stock, pledging shares as collateral for a new pre-paid variable share forward transaction.

Primo Brands Corporation's significant shareholders, Triton Water Parent Holdings, LP and Triton Water Equity Holdings, LP, sold 47.5 million shares in a secondary offering, while the company simultaneously repurchased over 3.1 million shares from Triton Water Parent Holdings, LP, both at $31.67 per share.

Key stakeholders of Primo Brands Corporation have pledged an additional 66 million Class A Common Stock shares as collateral to secure a new $500 million borrowing under an amended loan agreement.

Triton Water Parent Holdings, LP, a significant shareholder in Primo Brands Corporation, completed a secondary offering of 51.75 million Class A Common Stock shares for approximately $1.52 billion, leading to a reduction in its beneficial ownership to 44.4% and a 60-day lock-up period for remaining holdings.

Primo Brands Corporation announced the conversion of over 64.5 million Class B Common Stock shares into Class A Common Stock, significantly impacting the beneficial ownership structure of the company.