Perimeter Solutions director granted 5.58M shares
Perimeter Solutions, Inc. director William N. Thorndike Jr reported an exempt acquisition of 5,582,492 shares of common stock on March 3, 2026.
Rhea-AI Filing Summary
Perimeter Solutions, Inc. director William N. Thorndike Jr reported an exempt acquisition of 5,582,492 shares of common stock on March 3, 2026. The shares were acquired from the issuer at a stated price of $0.00 per share under a grant, award, or similar arrangement. Following this transaction, his directly held common stock increased to 9,185,656 shares. A footnote explains the acquisition is pursuant to Rule 16b-3(d) and is based on his membership interests in EverArc Founders, LLC.
Positive
- None.
Negative
- None.
Insights
Large Rule 16b-3 equity award increases a Perimeter Solutions director’s direct holdings.
The filing shows director William N. Thorndike Jr received an exempt acquisition of 5,582,492 common shares from Perimeter Solutions, Inc. on March 3, 2026. The transaction is coded as a grant or award under Rule 16b-3(d), with a stated price of $0.00 per share, indicating non-cash equity compensation.
After this grant, his directly held common stock position rises to 9,185,656 shares. A footnote ties the award to his membership interests in EverArc Founders, LLC, clarifying the basis for the exempt acquisition. The economic and voting impact depends on the overall share base and any related governance arrangements, which are not detailed in this excerpt.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,582,492 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents an exempt acquisition from the issuer pursuant to Rule 16b-3(d) based on the Reporting Person's membership interests in EverArc Founders, LLC.
FAQ
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What did Perimeter Solutions (PRM) director William N. Thorndike Jr report in this Form 4?
What type of transaction is reported for Perimeter Solutions (PRM) in this Form 4?
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