|4Jan 27, 4:30 PM ET

Hass David W. 4

Research Summary

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Primo Brands (PRMB) CFO David W. Hass Withholds Shares for Taxes

What Happened
David W. Hass, Chief Financial Officer of Primo Brands Corp (PRMB), had 2,719 shares of Class A common stock withheld to satisfy tax obligations upon the vesting of restricted stock units. The withholding was recorded on January 23, 2026, at a reported per-share value of $19.26, for a total value of approximately $52,368. This is a routine tax-withholding disposition (transaction code F), not an open-market sale or purchase.

Key Details

  • Transaction date and price: 2026-01-23; 2,719 shares withheld at $19.26 per share (total ≈ $52,368).
  • Shares owned after transaction: 64,745 shares of Class A common stock (per filing footnote F2, across trusts and accounts).
  • Footnotes: F1 notes the shares were withheld to satisfy tax obligations on vested RSUs. F2 breaks down reported beneficial holdings (trust, Roth IRA, HB Capital LLC, custodial accounts, spouse).
  • Filing timeliness: Report filed 2026-01-27 for a 2026-01-23 transaction — filed within the Form 4 reporting window (timely).

Context
Tax-withholding dispositions for vested RSUs are routine and do not indicate a directional bet by the insider; they simply cover withholding obligations. This was not an open-market sale or purchase and therefore provides limited insight into the CFO’s view of the company’s prospects.