Khouri Haitham 4
Research Summary
AI-generated summary
Perimeter Solutions (PRM) CEO Haitham Khouri Sells Shares
What Happened
Haitham Khouri, CEO of Perimeter Solutions, sold a total of 229,535 shares in three open-market transactions from May 20–22, 2026, generating approximately $7.28 million in proceeds. The trades were:
- May 20, 2026 — 20,300 shares at a weighted average price of $34.09, proceeds ≈ $692,027.
- May 21, 2026 — 91,724 shares at a weighted average price of $31.91, proceeds ≈ $2,926,913.
- May 22, 2026 — 117,511 shares at a weighted average price of $31.19, proceeds ≈ $3,665,168.
These were outright sales (S), which are often routine liquidity transactions by insiders and do not by themselves indicate company performance or insider sentiment.
Key Details
- Transaction dates/prices: May 20–22, 2026; weighted average prices shown above.
- Aggregate shares sold: 229,535; aggregate proceeds: ≈ $7,284,108.
- Shares owned after transaction: Not specified in the data provided in your prompt (check the full Form 4 for post-transaction holdings).
- Footnotes: Each day’s reported price is a weighted average. Footnotes state price ranges for the shares sold:
- May 20 range ≈ $34.00–$34.28 (F1)
- May 21 range ≈ $31.32–$33.18 (F2)
- May 22 range ≈ $30.54–$31.61 (F3)
The filer says they can provide a breakdown of quantities sold at each separate price on request.
- Filing timeliness: Report filed May 22, 2026. Based on the filing and trade dates provided, the filing appears to have been made promptly (within the usual two-business-day Form 4 window).
Context
- Sales vs. purchases: Sales like these are common for insiders to raise cash or diversify and are less informative than purchases for signaling bullishness.
- No option exercises, grants, or gifts are reported here—these were open-market share sales.
- For full context (post-sale ownership, any 10b5-1 trading plan, or further details), consult the complete Form 4 filing (accession 0001892618-26-000006).