Perimeter Solutions, Inc.·4

May 12, 5:31 PM ET

Emery Jeffrey 4

4 · Perimeter Solutions, Inc. · Filed May 12, 2026

Research Summary

AI-generated summary of this filing

Updated

Perimeter (PRM) President Jeffrey Emery Exercises Options & Sells Shares

What Happened

  • Jeffrey Emery, President – Global Fire Safety at Perimeter Solutions (PRM), exercised options to acquire a total of 146,463 shares (46,500 on 2026-05-08 and 99,963 on 2026-05-11) at an exercise price of $8.36 per share (total cash paid ~$1,224,431). He then sold the same total number of shares in open-market transactions across May 8 and May 11 for total gross proceeds of about $4,779,207 (sales prices ranged roughly $32.00–$34.05 per share).
  • The Form 4 shows parallel derivative entries (0.00 value) representing cancellation/conversion of the underlying options. Because the shares were exercised and promptly sold, this is effectively a cashless exercise followed by disposition of the shares.

Key Details

  • Transaction dates and amounts:
    • 2026-05-08: Exercised 46,500 @ $8.36 (paid $388,740); sold 46,500 @ ~$32.00 (proceeds $1,488,000). (Footnote F1: sale prices ranged ~$32.00–32.01.)
    • 2026-05-11: Exercised 99,963 @ $8.36 (paid $835,691); sold 97,855 @ ~$32.90 (proceeds $3,219,430) and 2,108 @ ~$34.05 (proceeds $71,777). (Footnotes F2/F3: sale price ranges ~$32.75–33.28 and ~$33.76–34.18.)
  • Total exercised (acquired): 146,463 shares for ~$1.22M total cash outlay. Total sold (disposed): 146,463 shares for ~$4.78M gross proceeds.
  • Shares owned after the transactions are not stated in the excerpt provided.
  • Footnotes indicate the reported sale prices are weighted averages and give price ranges; full breakdown by price per share is available from the filer on request.
  • Form filed May 12, 2026, reporting transactions dated May 8 and May 11 (the filing date is shown on the Form 4).

Context

  • For retail investors: when an insider exercises options and immediately sells the shares, it’s typically a cashless exercise (insider converts options to stock and sells to cover cost/taxes or take gains). This is common and does not necessarily signal a change in the insider’s view of the company.
  • These entries reflect exercising derivative rights and selling the resulting shares; they are routine insider liquidity transactions rather than an outright open-market purchase that might be seen as a bullish signal.

Insider Transaction Report

Form 4
Period: 2026-05-08
Emery Jeffrey
President - Global Fire Safety
Transactions
  • Exercise/Conversion

    Common Stock

    2026-05-08$8.36/sh+46,500$388,74046,500 total
  • Sale

    Common Stock

    [F1]
    2026-05-08$32.00/sh46,500$1,488,0000 total
  • Exercise/Conversion

    Common Stock

    2026-05-11$8.36/sh+99,963$835,69199,963 total
  • Sale

    Common Stock

    [F2]
    2026-05-11$32.90/sh97,855$3,219,4302,108 total
  • Sale

    Common Stock

    [F3]
    2026-05-11$34.05/sh2,108$71,7770 total
  • Exercise/Conversion

    Stock Option (right to buy)

    2026-05-0846,500453,500 total
    Exercise: $8.36From: 2026-02-26Exp: 2032-05-06Common Stock (46,500 underlying)
  • Exercise/Conversion

    Stock Option (right to buy)

    2026-05-1199,963353,537 total
    Exercise: $8.36From: 2026-02-26Exp: 2032-05-06Common Stock (99,963 underlying)
Footnotes (3)
  • [F1]Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from approximately $32.00 to $32.01 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
  • [F2]Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from approximately $32.75 to $33.28 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
  • [F3]Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from approximately $33.76 to $34.18 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
Signature
/s/ Noriko Yokozuka, as Attorney-in-Fact|2026-05-12

Documents

1 file
  • 4
    wk-form4_1778621496.xmlPrimary

    FORM 4