# EDGAR Filing Document

**Accession Number:** 0000822671
**File Stem:** 0001193125-25-224306
**Filing Date:** 2025-9
**Character Count:** 1991
**Document Hash:** 5b07ed70126aca827670e3cc31335a09
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-224306.hdr.sgml**: 20250930

**ACCESSION NUMBER**: 0001193125-25-224306

**CONFORMED SUBMISSION TYPE**: 497K

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20250930

**DATE AS OF CHANGE**: 20250930

**EFFECTIVENESS DATE**: 20250930

**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:** 251358466

**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 Core Equity Fund (Series ID: S000003880)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000010855 | Class IA Shares |  |
| C000010856 | Class IB Shares |  |

PGOF-P39 09/25

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| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; ![LOGO](g48149g01x01.jpg)  | ![LOGO](g48149g00x01.jpg) |

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**SUPPLEMENT DATED SEPTEMBER 30, 2025** 

**TO THE SUMMARY PROSPECTUS, PROSPECTUS** 

**AND STATEMENT OF ADDITIONAL INFORMATION ("SAI")** 

**OF EACH FUND LISTED IN SCHEDULE A** 

**Effective September 30, 2025, the following footnote is added to all references to Gerard Sullivan in each fund's Summary Prospectus, Prospectus and SAI:** 

\* Mr. Sullivan is anticipated to retire and step down as a member of the fund's portfolio management team on or about December 31, 2025.

**<u>Schedule A</u>**

Putnam Core Equity Fund <br> Putnam VT Core Equity Fund

*Shareholders should retain this Supplement for future reference.*