Form 4: CFO David Hass Reports Routine Stock Transaction
Insider Trading Report
Primo Brands Corp's CFO, David W. Hass, reported the disposition of 2,719 Class A Common Stock shares to cover tax obligations related to restricted stock unit vesting.
Summary
- David W. Hass, Chief Financial Officer of Primo Brands Corp (PRMB), reported a transaction on January 23, 2026.
- The transaction involved the disposition of 2,719 shares of Class A Common Stock.
- These shares were withheld by the issuer to satisfy tax obligations due upon the vesting of restricted stock units granted to Mr. Hass.
- The shares were valued at $19.26 per share for the purpose of this transaction.
- Following this transaction, Mr. Hass directly beneficially owns 363,972 shares of Class A Common Stock.
- Additionally, Mr. Hass indirectly beneficially owns 64,745 shares of Class A Common Stock through various entities, including a living trust, Roth IRA, HB Capital LLC, custodial accounts for nieces and nephews, and shares held by his spouse.
Sentiment
Score: 5
Explanation: The filing reports a routine, non-discretionary transaction (tax withholding upon RSU vesting) which is neutral in sentiment. It reflects standard executive compensation practices.
Positives
- The transaction indicates the vesting of restricted stock units, which is a form of compensation for the CFO.
- The CFO continues to hold a significant number of shares, both directly (363,972) and indirectly (64,745), demonstrating continued alignment with shareholder interests.
Negatives
- No specific negative aspects are identified as this is a routine tax-related transaction.
Risks
- No specific risks are mentioned in this Form 4 filing.
Future Outlook
No forward-looking statements or guidance are provided in this Form 4 filing.
Management Comments
- No notable quotes or paraphrased statements from company management are included in this Form 4 filing.
Industry Context
This Form 4 filing details a routine insider transaction for tax purposes and does not provide information relevant to broader industry trends or competitor analysis.
Comparison to Industry Standards
- This filing is a standard regulatory disclosure of an insider's stock transaction for tax withholding, which is a common practice across industries when restricted stock units vest. It does not contain information that allows for a direct comparison to specific comparable companies, projects, or results.
Related Party Transactions
- The indirect beneficial ownership includes shares held by HB Capital LLC, of which the reporting person is a member. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.
Stakeholder Impact
- Minimal impact on shareholders as this is a routine, non-discretionary transaction related to executive compensation.
- No direct impact on employees, customers, suppliers, or creditors is indicated by this filing.
Next Steps
- No specific future actions, events, or milestones are mentioned in this Form 4 filing.
Key Dates
| Date | Description |
|---|---|
| 01/23/2026 | Date of earliest transaction (disposition of shares for tax withholding) |
| 01/27/2026 | Signature date of the reporting person's attorney-in-fact |
Keywords
Primo Brands Corp, PRMB, Form 4, insider trading, beneficial ownership, CFO, David W. Hass, stock transaction, restricted stock units, tax withholding
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