Metropoulos C. Dean 4
Research Summary
AI-generated summary
Primo Brands Director Metropoulos Receives Award of 1,460 Shares
What Happened
- Metropoulos C. Dean, a director of Primo Brands Corp (PRMB), was granted 1,460 shares of Class A common stock on 2026-03-31. The grant is reported at $18.83 per share for a total reported value of $27,492. The transaction is coded as an award/grant (A) rather than an open-market purchase or sale.
- Per the filing footnote, this award was elected in lieu of cash under the issuer’s Non-Employee Director Compensation Policy, and the Reporting Person has deferred receiving the Class A Common Stock.
Key Details
- Transaction date and price: 2026-03-31; 1,460 shares at $18.83 per share.
- Total reported value: $27,492.
- Shares owned after transaction: not specified in the Form 4 filing.
- Footnote: Director elected stock in lieu of cash compensation and has deferred receiving the shares (see filing footnote F1).
- Filing date: 2026-04-02 — appears to have been filed within the standard Form 4 reporting window.
Context
- This was a compensation award to a non-employee director, not a market buy or sale. Such grants are routine director compensation and, because the shares are deferred, may be subject to the issuer’s deferral/vesting rules and not immediately available for sale. This type of transaction should be interpreted as compensation reporting rather than a direct signal of insider buying or selling.