Prim Billy D 4
Research Summary
AI-generated summary
Primo Brands (PRMB) Director Billy D. Prim Receives 8,887-Share Award
What Happened
Billy D. Prim, a director of Primo Brands Corp (PRMB), received an award of 8,887 shares of Class A Common Stock on April 28, 2026. The shares were granted at a reported price of $0.00 (transaction code A), reflecting a compensation grant rather than a market purchase.
Key Details
- Transaction date: 2026-04-28 (reported on Form 4 filed 2026-04-30). Filing appears timely under Form 4 rules.
- Transaction type/code: Award/Grant (A).
- Shares granted: 8,887 Class A Common Stock. Price reported: $0.00; total reported value $0.
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnote: F1 — grant made pursuant to the issuer's Non-Employee Director Compensation Policy.
- Remarks: Exhibit 24.1 (Power of Attorney) included.
Context
This was a compensation award to a non-employee director, a routine way companies pay directors. Grants reported at $0 reflect issuance as compensation rather than a cash purchase; such awards are not a direct buy/sell signal about the insider's view of the stock.
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