Form 4: Primo Brands Corp Director Billy D Prim Acquires Shares

Director Billy D Prim of Primo Brands Corp acquired 787 shares of Class A Common Stock at $24.21 per share on November 8, 2024.

Summary

• Billy D Prim, a director at Primo Brands Corp, acquired 787 shares of Class A Common Stock on November 8, 2024.
• The purchase price was $24.21 per share.
• Following the transaction, Mr. Prim directly owns 1,072,702 shares of Class A Common Stock.
• He also indirectly owns 3,177 shares through the 2010 Irrevocable Trust fbo Joseph Alexander Bellissimo and another 3,177 shares through the 2010 Irrevocable Trust fbo Jager Grayln Dean.

Sentiment

Score: 6

Explanation: The document is a routine regulatory filing. The director's purchase could be seen as a slightly positive signal, but it's not a major event.

Positives

• The director's purchase of shares could be seen as a positive signal of confidence in the company's future prospects.

Industry Context

This is a standard SEC Form 4 filing, which is a routine disclosure for corporate insiders who trade their company's stock. It is a common practice and part of regulatory compliance.

Comparison to Industry Standards

• Form 4 filings are a standard practice for all publicly traded companies in the US.
• The transaction is typical for a director's share purchase and is similar to filings made by insiders at other companies such as Apple, Microsoft, and Tesla.

Stakeholder Impact

• The share purchase may have a minor positive impact on shareholder sentiment.

Key Dates

Keywords

insider trading, share acquisition, beneficial ownership, Form 4, director, Primo Brands Corp, PRMB