Form 4: One Rock Capital's Tony W. Lee Reports Sale of Primo Brands Corp Shares
SEC Form 4 Filing
Tony W. Lee, affiliated with One Rock Capital, reports the sale of 50,657,562 shares of Primo Brands Corp Class A Common Stock at $31.67 per share.
Summary
- Tony W. Lee, a director and 10% owner of Primo Brands Corp, filed a Form 4 detailing changes in beneficial ownership.
- On May 12, 2025, Lee sold 50,657,562 shares of Class A Common Stock at a price of $31.67 per share.
- Following the transaction, Lee indirectly owns 116,210,806 shares through Triton Water Equity Holdings, LP.
- Lee disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market.
Stakeholder Impact
- The sale of a significant number of shares by a major shareholder could potentially influence the market's perception of the company.
Key Dates
| Date | Description |
|---|---|
| 05/12/2025 | Date of the transaction (sale of shares) |
| 05/13/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, Beneficial Ownership, Primo Brands Corp, PRMB, One Rock Capital, Tony W. Lee, Share Sale, Equity, Transaction
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