Lee Tony W sold PRMB

March 12, 2025 · Form 4 insider transaction

Lee Tony W sold 51,750,000 shares of Primo Brands Corporation at $29.50 per share, a transaction worth $1.53B. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 0 days after the transaction.

Direction
Disposed (sell-side)
Shares
51,750,000
Price
$29.50
Total value
$1.53B
InsiderLee Tony W
RoleDirector, 10% owner
SecurityClass A Common Stock
Transaction codeS: Open-market sale
Transaction dateMarch 12, 2025
Filing dateMarch 12, 2025
Shares owned after166,868,368
OwnershipIndirect
10b5-1 planNo
AmendedNo

Footnotes

Triton Water Parent Holdings, LP is the record holder of 108,868,368 shares of Class A Common Stock and Triton Water Equity Holdings, LP is the record holder of 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. Mr. Spielvogel and Mr. Lee are the managing members of ORCP III DE TopCo GP, LLC and share voting and investment discretion with respect to the securities held of record by Triton Water Parent Holdings, LP and Triton Water Equity Holdings, LP.; Each of the persons and entities named herein may be deemed to share beneficial ownership of the securities held of record by Triton Water Equity Holdings, LP. ORCP III DE TopCo GP, LLC, Triton Water Parent Holdings, LP, Mr. Spielvogel and Mr. Lee may also be deemed to share beneficial ownership of the securities held of record by Triton Water Parent Holdings, LP. Each of them disclaims any such beneficial ownership except to the extent of their pecuniary interest therein, if any.

View the original Form 4 on SEC EDGAR