Form 4: One Rock Capital Partners Entities Report Sale of Primo Brands Corp Shares
SEC Form 4 Filing
Entities associated with One Rock Capital Partners reported the sale of 50,657,562 shares of Primo Brands Corp Class A Common Stock at $31.67 per share.
Summary
- ORCP III DE TopCo GP, LLC, Triton Water Parent Holdings, LP, Scott Spielvogel, Triton Water Equity Holdings, LP, and Triton Water Equity Holdings GP, LLC filed a Form 4.
- The filing reports a transaction on May 12, 2025, where 50,657,562 shares of Class A Common Stock of Primo Brands Corp were disposed of at a price of $31.67 per share.
- Following the transaction, Triton Water Equity Holdings, LP is the record holder of 116,210,806 shares of Class A Common Stock.
- The reporting entities may be deemed to share beneficial ownership of the securities held by Triton Water Equity Holdings, LP, but they disclaim beneficial ownership except to the extent of their pecuniary interest.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to a share sale. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders or major shareholders of a publicly traded company buy or sell shares. This filing indicates a change in ownership by entities associated with One Rock Capital Partners, which is relevant to investors monitoring significant shareholder activity.
Comparison to Industry Standards
- Form 4 filings are a standard regulatory requirement for publicly traded companies in the United States, ensuring transparency in insider trading.
- Similar filings are made by insiders of companies like Coca-Cola, Pepsico, and Nestle when they trade shares of their respective companies.
- The level of detail and the requirement to disclose beneficial ownership are consistent with SEC regulations and industry norms.
Stakeholder Impact
- The sale of a significant number of shares could potentially impact the stock price and investor sentiment.
- The change in ownership structure may be of interest to other shareholders and stakeholders.
Key Dates
| Date | Description |
|---|---|
| 05/12/2025 | Date of transaction: Sale of 50,657,562 shares of Class A Common Stock. |
| 05/13/2025 | Date of filing: Form 4 filing date. |
Keywords
Form 4, Primo Brands Corp, One Rock Capital Partners, Share Sale, Beneficial Ownership, Equity Holdings, Transaction
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