# EDGAR Filing Document

**Accession Number:** 0000822671
**File Stem:** 0001193125-26-030878
**Filing Date:** 2026-1
**Character Count:** 2356
**Document Hash:** 19d2eb2e93cd89de182153bc8c02d24f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-030878.hdr.sgml**: 20260130

**ACCESSION NUMBER**: 0001193125-26-030878

**CONFORMED SUBMISSION TYPE**: 497K

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20260130

**DATE AS OF CHANGE**: 20260130

**EFFECTIVENESS DATE**: 20260130

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PUTNAM VARIABLE TRUST
- **CENTRAL INDEX KEY:** 0000822671

**ORGANIZATION NAME:**
- **EIN:** 046649095
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497K
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 033-17486
- **FILM NUMBER:** 26581114

**BUSINESS ADDRESS:**
- **STREET 1:** 100 FEDERAL STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110
- **BUSINESS PHONE:** 6172921000

**MAIL ADDRESS:**
- **STREET 1:** 100 FEDERAL STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PUTNAM CAPITAL MANAGER TRUST /MA/
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Putnam VT Global Asset Allocation Fund (Series ID: S000003896)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000010887 | Class IA Shares |  |
| C000010888 | Class IB Shares |  |

38923-P1 01/26

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| | |
|:---|:---|
| ![LOGO](g52339g01a01.jpg) | ![LOGO](g52339g01a02.jpg) |

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**PUTNAM VARIABLE TRUST** 

**SUPPLEMENT DATED JANUARY 30, 2026** 

**TO THE SUMMARY PROSPECTUS AND PROSPECTUS** 

**DATED MAY 1, 2025 OF** 

**PUTNAM VT GLOBAL ASSET ALLOCATION FUND (THE "FUND")** 

**The following paragraph is added to the section of the Fund's Summary Prospectus and Prospectus titled "Performance":** 

Effective February 1, 2026, the Putnam VT Balanced Blended Benchmark will replace the Putnam Balanced Blended Benchmark as the Fund's benchmark. The Putnam VT Balanced Blended Benchmark is comprised of 48% Russell 3000<sup>®</sup> Index, 38% Bloomberg U.S. Aggregate Bond Index, 12% MSCI All Country World Ex-U.S. Index-NR and 2% Bloomberg U.S. Corporate High Yield Index. The Fund's investment manager believes that the Putnam VT Balanced Benchmark better reflects the Fund's current portfolio.

The Fund will continue to compare its performance to the Russell 3000<sup>®</sup> Index, a broad-based securities market index.

**Please retain this supplement for future reference.**