Perimeter Solutions (PRM) director Thorndike sells 325,000 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Perimeter Solutions, Inc. director William N. Thorndike Jr. reported open-market sales of a total of 325,000 shares of Common Stock over three trading days. He sold 134,000 shares on March 9, 2026 in two trades of 90,043 and 34,957 shares at weighted average prices of $23.18 and $23.85 per share, 100,000 shares on March 10, 2026 at a weighted average price of $23.63 per share, and 100,000 shares on March 11, 2026 at a weighted average price of $23.18 per share. The footnotes state that each daily price is a weighted average within intraday ranges, and full breakdowns are available upon request. Following these transactions, he directly holds 8,535,656 shares of Perimeter Solutions common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 325,000 shares ($7,601,921)
Net Sell
4 txns
Insider
Thorndike William N Jr
Role
Director
Sold
325,000 shs ($7.60M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 100,000 | $23.18 | $2.32M |
| Sale | Common Stock | 100,000 | $23.63 | $2.36M |
| Sale | Common Stock | 90,043 | $23.18 | $2.09M |
| Sale | Common Stock | 34,957 | $23.85 | $834K |
Holdings After Transaction:
Common Stock — 8,535,656 shares (Direct)
Footnotes (1)
- Represents the weighted average price of the shares sold on March 9, 2026. The prices of the shares sold pursuant to the transaction ranged from approximately $22.71 to $23.71 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. Represents the weighted average price of the shares sold on March 9, 2026. The prices of the shares sold pursuant to the transaction ranged from approximately $23.73 to $23.95 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. Represents the weighted average price of the shares sold on March 10, 2026. The prices of the shares sold pursuant to the transaction ranged from approximately $23.33 to $23.97 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. Represents the weighted average price of the shares sold on March 11, 2026. The prices of the shares sold pursuant to the transaction ranged from approximately $22.72 to $23.40 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.
FAQ
What insider transactions did Perimeter Solutions (PRM) report for William N. Thorndike Jr.?
Perimeter Solutions reported that director William N. Thorndike Jr. sold a total of 325,000 common shares in open-market transactions over three days in March 2026, according to a Form 4 insider filing detailing each trade and resulting holdings.
Were the PRM insider sales executed at a single price or multiple prices?
Each day’s reported price is a weighted average, not a single execution price. Footnotes explain that individual trades on each date occurred within price ranges, and full breakdowns of shares sold at each price are available upon request.
Does the Form 4 for Perimeter Solutions show any derivative transactions for Thorndike?
The Form 4 shows no derivative transactions for Thorndike. All reported activity involves non-derivative Common Stock sales, and the derivative summary section indicates zero derivative exercises or holdings in this particular filing.