Perimeter Solutions (PRM) CFO exercises options, sells 49,540 common shares
Rhea-AI Filing Summary
Perimeter Solutions, Inc.’s Chief Financial Officer, Kyle Sable, exercised stock options and sold the resulting shares. Sable exercised options for 49,540 shares of common stock at an exercise price of $8.36 per share, then executed open-market sales totaling 49,540 shares on May 13, 2026 at weighted average prices of $33.05 and $33.59 per share. Following these transactions, Sable reported owning 0 shares of common stock directly while retaining stock options covering 70,000 shares that remain outstanding and unexercised.
Positive
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Insights
CFO exercised options then sold all acquired shares, retaining only options.
The filing shows CFO Kyle Sable exercised options to acquire 49,540 Perimeter Solutions common shares at an exercise price of $8.36 per share, then sold all 49,540 shares in open-market transactions at weighted average prices of $33.05 and $33.59.
This pattern is a classic exercise-and-sell: the derivative position is partially converted to cash, with no direct common stock held afterward. However, Sable still holds stock options over 70,000 shares expiring in 2032, so he maintains equity-linked exposure through these remaining awards.
The sale direction is clear from transaction code S and the “open-market sale” description, but the filing does not state motivations such as liquidity needs or portfolio diversification. The net effect is a reduction in immediate share ownership, offset by a continued, sizable option-based incentive position.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 49,540 | $0.00 | -- |
| Exercise | Common Stock | 49,540 | $8.36 | $414K |
| Sale | Common Stock | 46,263 | $33.05 | $1.53M |
| Sale | Common Stock | 3,277 | $33.59 | $110K |
Footnotes (1)
- Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from approximately $32.50 to $33.50 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. The prices of the shares sold pursuant to the transaction ranged from approximately $33.51 to $33.67 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.