Yokozuka Noriko 4
Research Summary
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Perimeter Solutions (PRM) GC Noriko Yokozuka Receives 120,000-Share Award
What Happened
Noriko Yokozuka, General Counsel of Perimeter Solutions (PRM), was reported on a Form 4 as acquiring 120,000 shares on 2026-02-26. The filing records this as a derivative award/acquisition at $0.00 — the shares vested from a previously granted option rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-26; Form 4 filed: 2026-03-02 (timely filing).
- Transaction type/code: Award/other acquisition of derivative securities (A).
- Shares acquired: 120,000; price reported: $0.00; total reported value: $0.00.
- Footnote: The shares vest from an option originally granted on Nov 8, 2021 (option to purchase 600,000 shares). The option vests in five equal installments tied to performance for fiscal years 2022–2026; the 2025 performance criteria were met, triggering vesting of 120,000 shares.
- Shares owned after transaction: Not specified in the provided filing.
- No sale or cashless exercise of the vested shares is reported in this Form 4.
Context: This was a vesting of previously granted compensation (an option tranche becoming vested), not an open-market purchase or sale. Vesting events are routine parts of executive compensation and do not, by themselves, indicate buying or selling intent.