Perimeter Solutions (NYSE: PRM) director gets 5,582,492 shares, gifts 1,101,852
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Perimeter Solutions director W. Nicholas Howley reported two stock transactions. On March 3, 2026, he acquired 5,582,492 shares of Perimeter Solutions, Inc. common stock in an exempt transaction from the issuer under Rule 16b-3(d), based on his membership interests in EverArc Founders, LLC.
On the same date, he disposed of 1,101,852 shares through a bona fide gift to a 501(c)(3) nonprofit organization in an exempt transaction under Rule 16b-5. After these transactions, he directly owned 5,086,840 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,101,852 shares gifted
Mixed
2 txns
Insider
Howley W Nicholas
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,582,492 | $0.00 | -- |
| Gift | Common Stock | 1,101,852 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 6,188,692 shares (Direct)
Footnotes (1)
- 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. The Reporting Person gifted these shares to a 501(c)(3) nonprofit organization in an exempt transaction pursuant to Rule 16b-5.
FAQ
What insider transactions did PRM director W. Nicholas Howley report?
He reported one large acquisition and one disposition of Perimeter Solutions common stock. He acquired 5,582,492 shares from the issuer in an exempt grant, then made a bona fide gift of 1,101,852 shares to a 501(c)(3) nonprofit organization.
Were the PRM insider transactions open-market buys or sells?
No, both transactions were exempt from typical buy-sell characterization. The acquisition was an exempt grant from the issuer under Rule 16b-3(d), and the disposition was a bona fide gift to a 501(c)(3) nonprofit under Rule 16b-5, not an open-market trade.
What do the Form 4 footnotes say about the PRM stock grant?
The footnotes state the 5,582,492-share acquisition represents an exempt transaction from the issuer under Rule 16b-3(d), based on the reporting person’s membership interests in EverArc Founders, LLC, clarifying the basis for the large stock grant recorded on March 3, 2026.