Perimeter director sells 325,000 PRM shares
Perimeter Solutions, Inc. director William N. Thorndike Jr. reported selling a total of 325,000 shares of common stock in open-market transactions.
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Rhea-AI Filing Summary
Perimeter Solutions, Inc. director William N. Thorndike Jr. reported selling a total of 325,000 shares of common stock in open-market transactions. The sales took place over three days, with 125,000 shares sold on March 4, 2026, 100,000 shares on March 5, 2026, and 100,000 shares on March 6, 2026.
The reported weighted average sale prices were $24.26 on March 4, $24.06 on March 5, and $23.63 on March 6, 2026, with actual trade prices on each day ranging within the bands described in the footnotes. Following these transactions, Thorndike directly held 8,860,656 shares of Perimeter Solutions common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 100,000 | $23.63 | $2.36M |
| Sale | Common Stock | 100,000 | $24.06 | $2.41M |
| Sale | Common Stock | 125,000 | $24.26 | $3.03M |
Footnotes (3)
- F1. Represents the weighted average price of the shares sold on March 4, 2026. The prices of the shares sold pursuant to the transaction ranged from approximately $23.85 to $24.53 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
- F2. Represents the weighted average price of the shares sold on March 5, 2026. The prices of the shares sold pursuant to the transaction ranged from approximately $23.66 to $24.40 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
- F3. Represents the weighted average price of the shares sold on March 6, 2026. The prices of the shares sold pursuant to the transaction ranged from approximately $23.37 to $23.99 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
FAQ
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What insider transaction did Perimeter Solutions (PRM) disclose in this Form 4?
Were the Perimeter Solutions (PRM) insider transactions direct or indirect holdings?
What do the Form 4 footnotes say about the PRM sale prices?
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