Perimeter Solutions, Inc.·4

Mar 2, 5:28 PM ET

Cool Tracy Britt 4

Research Summary

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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.