Perimeter Solutions (PRM) CEO Haitham Khouri awarded 1.6M common shares in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Perimeter Solutions, Inc. director and Chief Executive Officer Haitham Khouri reported an equity award of company common stock. On the reported date, he acquired 1,600,317 shares of common stock at a stated price of $0.00 per share as a grant or award acquisition.
Following this exempt acquisition from the issuer pursuant to Rule 16b-3(d), his directly held common stock ownership increased to 2,104,150 shares. The footnote explains that the award is based on his membership interests in EverArc Founders, LLC.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Khouri Haitham
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,600,317 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 2,104,150 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Perimeter Solutions (PRM) report for Haitham Khouri?
Perimeter Solutions reported that CEO and director Haitham Khouri received a grant of 1,600,317 shares of common stock. The award was recorded at a price of $0.00 per share and classified as an exempt acquisition from the issuer under Rule 16b-3(d).
Was the Perimeter Solutions (PRM) insider transaction a purchase or an award?
The Perimeter Solutions transaction was an equity award, not an open-market purchase. It is coded as a grant or other acquisition at $0.00 per share and is treated as an exempt acquisition from the issuer under Rule 16b-3(d).
What does Rule 16b-3(d) treatment mean for the PRM Form 4 transaction?
The filing describes the transaction as an exempt acquisition from the issuer under Rule 16b-3(d. This indicates the share grant to Haitham Khouri is structured as an insider award, not a market trade, and is based on his membership interests in EverArc Founders, LLC.