Valladares III Jorge L. 4

What Happened

• Jorge L. Valladares III, a director of Perimeter Solutions (PRM), reported derivative acquisitions on Feb 26, 2026: two award/vesting events of 6,194 shares each, for a total of 12,388 shares. Each line is recorded as acquired at $0.00 (derivative), reflecting performance-based option vesting rather than an open-market buy.
• The shares resulted from partial vesting of two previously granted stock options (each grant was for 35,000 shares and structured to vest in five annual installments subject to performance). The 2025 performance criteria were partially met, producing the 6,194-share vesting from each grant.

Key Details

• Transaction date: 2026-02-26; Report filed: 2026-03-02 (timely filed).
• Transaction code: A (award/other acquisition of derivative securities); price per share reported as $0.00.
• Total shares reported acquired: 12,388 (6,194 + 6,194).
• Footnotes: F1 — option granted Apr 21, 2025 (35,000 shares, five-year performance vesting); F2 — option granted Feb 12, 2025 (35,000 shares, same vesting schedule). 2025 criteria were only partially met, hence partial vesting.
• Shares owned after the transaction are not provided in the summary details supplied.

Context

• These entries reflect performance-based option vesting (derivative-to-equity conversion). The filing does not show any immediate sale (cashless exercise) or open-market purchase — the report documents shares issued on vesting.
• Vesting awards are common compensation events for insiders and do not by themselves indicate the insider is buying or selling stock for investment purposes.