Emery Jeffrey 4
4 · Perimeter Solutions, Inc. · Filed May 12, 2026
Research Summary
AI-generated summary of this filing
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
Emery Jeffrey
President - Global Fire Safety
Transactions
- Exercise/Conversion
Common Stock
2026-05-08$8.36/sh+46,500$388,740→ 46,500 total - Sale
Common Stock
[F1]2026-05-08$32.00/sh−46,500$1,488,000→ 0 total - Exercise/Conversion
Common Stock
2026-05-11$8.36/sh+99,963$835,691→ 99,963 total - Sale
Common Stock
[F2]2026-05-11$32.90/sh−97,855$3,219,430→ 2,108 total - Sale
Common Stock
[F3]2026-05-11$34.05/sh−2,108$71,777→ 0 total - Exercise/Conversion
Stock Option (right to buy)
2026-05-08−46,500→ 453,500 totalExercise: $8.36From: 2026-02-26Exp: 2032-05-06→ Common Stock (46,500 underlying) - Exercise/Conversion
Stock Option (right to buy)
2026-05-11−99,963→ 353,537 totalExercise: $8.36From: 2026-02-26Exp: 2032-05-06→ Common 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