Form 4: Primo Brands Corp: Major Shareholders Convert Class B Common Stock to Class A

Triton Water Parent Holdings, LP converted 64,512,579 shares of Class B Common Stock into Class A Common Stock of Primo Brands Corp on February 12, 2025.

Summary

• On February 12, 2025, Triton Water Parent Holdings, LP converted 64,512,579 shares of Class B Common Stock into Class A Common Stock of Primo Brands Corp.
• The conversion occurred on a one-to-one basis due to the waiver of change of control provisions under certain indentures.
• Following the transaction, Triton Water Parent Holdings, LP holds 160,618,368 shares of Class A Common Stock, and Triton Water Equity Holdings, LP holds 58,000,000 shares of Class A Common Stock.
• ORCP III DE TopCo GP, LLC is the general partner of Triton Water Parent Holdings, LP.
• Triton Water Parent Holdings, LP is the managing member of Triton Water Equity Holdings, GP, LLC, which is the general partner of Triton Water Equity Holdings, LP.
• Several individuals, including Scott Spielvogel and Tony W. Lee, may be deemed to share beneficial ownership of the securities.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing a stock conversion, which is neutral in sentiment.

Industry Context

This filing reflects changes in the ownership structure of Primo Brands Corp, which is relevant to investors monitoring the company's major shareholders and their holdings.

Stakeholder Impact

• The conversion of shares may have a minor impact on shareholders due to the change in the number of Class A shares outstanding.

Key Dates