Perimeter Solutions, Inc.·4

Mar 2, 5:28 PM ET

Cool Tracy Britt 4

4 · Perimeter Solutions, Inc. · Filed Mar 2, 2026

Research Summary

AI-generated summary of this filing

Updated

Perimeter (PRM) Director Cool Tracy Britt Receives 28,944 Shares

What Happened

  • Cool Tracy Britt, a director of Perimeter Solutions, had portions of several previously granted performance-based option awards vest on February 26, 2026, resulting in the acquisition of 28,944 derivative shares. The Form 4 lists five separate award/vesting entries (all recorded at $0.00 acquisition price), reflecting partial vesting tied to the issuer’s 2025 performance criteria.

Key Details

  • Transaction date: 2026-02-26 (reported on Form 4 filed 2026-03-02).
  • Nature: Grant/award/other acquisition (derivative securities) — vesting of performance-based options.
  • Shares acquired on vesting: 6,194 (from 2/12/2025 grant), 7,000 (from 2/14/2024 grant), 7,000 (from 2/15/2023 grant), 7,000 (from 1/28/2022 grant), and 1,750 (from 12/7/2021 grant) — total 28,944 shares.
  • Reported acquisition price: $0.00 per share (reflects vesting/acquisition of derivative awards, not an open‑market purchase).
  • Shares owned after transaction: Not disclosed in this filing.
  • Timeliness: Filed Mar 2, 2026 for a Feb 26, 2026 transaction — within the standard two business-day reporting window.
  • Footnotes: Vesting resulted because the company met (or partially met) certain performance criteria for fiscal year 2025 tied to each option grant (see footnotes F1–F5 for original grant dates and amounts).

Context

  • These entries represent vesting of performance-based stock option awards (derivative securities). The filing does not show any immediate sale of the vested shares (no cashless exercise or disposition reported). Vesting events reflect compensation becoming exercisable/owned under the original award terms and do not, by themselves, indicate buying or selling in the open market.

Insider Transaction Report

Form 4
Period: 2026-02-26
Transactions
  • Award

    Stock Option (right to buy)

    [F1]
    2026-02-26+6,1946,194 total
    Exercise: $11.80From: 2026-02-26Exp: 2035-02-12Common Stock (6,194 underlying)
  • Award

    Stock Option (right to buy)

    [F2]
    2026-02-26+7,00014,000 total
    Exercise: $5.23From: 2026-02-26Exp: 2034-02-14Common Stock (7,000 underlying)
  • Award

    Stock Option (right to buy)

    [F3]
    2026-02-26+7,00021,000 total
    Exercise: $8.88From: 2026-02-26Exp: 2033-02-15Common Stock (7,000 underlying)
  • Award

    Stock Option (right to buy)

    [F4]
    2026-02-26+7,00028,000 total
    Exercise: $12.09From: 2026-02-26Exp: 2032-01-28Common Stock (7,000 underlying)
  • Award

    Stock Option (right to buy)

    [F5]
    2026-02-26+1,7507,000 total
    Exercise: $11.80From: 2026-02-26Exp: 2031-12-07Common Stock (1,750 underlying)
Footnotes (5)
  • [F1]On February 12, 2025, the reporting person was granted an option to purchase 35,000 shares of common stock. The option vests in five equal annual installments based on the Issuer's satisfaction of certain performance criteria for each of the fiscal years ending December 31, 2025, 2026, 2027, 2028 and 2029. The performance criteria for 2025 were partially met, resulting in the vesting of the option as to 6,194 shares of common stock.
  • [F2]On February 14, 2024, the reporting person was granted an option to purchase 35,000 shares of common stock. The option vests in five equal annual installments based on the Issuer's satisfaction of certain performance criteria for each of the fiscal years ending December 31, 2024, 2025, 2026, 2027 and 2028. The performance criteria for 2025 were met, resulting in the vesting of the option as to 7,000 shares of common stock.
  • [F3]On February 15, 2023, the reporting person was granted an option to purchase 35,000 shares of common stock. The option vests in five equal annual installments based on the Issuer's satisfaction of certain performance criteria for each of the fiscal years ending December 31, 2023, 2024, 2025, 2026 and 2027. The performance criteria for 2025 were met, resulting in the vesting of the option as to 7,000 shares of common stock.
  • [F4]On January 28, 2022, the reporting person was granted an option to purchase 35,000 shares of common stock. The option vests in five equal annual installments based on the Issuer's satisfaction of certain performance criteria for each of the fiscal years ending December 31, 2022, 2023, 2024, 2025 and 2026. The performance criteria for 2025 were met, resulting in the vesting of the option as to 7,000 shares of common stock.
  • [F5]On December 7, 2021, the reporting person was granted an option to purchase 8,750 shares of common stock. The option vests in five equal annual installments based on the Issuer's satisfaction of certain performance criteria for each of the fiscal years ending December 31, 2022, 2023, 2024, 2025 and 2026. The performance criteria for 2025 were met, resulting in the vesting of the option as to 1,750 shares of common stock.
Signature
/s/ Noriko Yokozuka, as Attorney-in-Fact|2026-03-02

Documents

1 file
  • 4
    wk-form4_1772490491.xmlPrimary

    FORM 4