Form 4: Perimeter Solutions CEO Haitham Khouri Exercises Warrants and Disposes of Shares
SEC Form 4
CEO Haitham Khouri exercised warrants to purchase shares of Perimeter Solutions and subsequently disposed of a portion of those shares to cover the exercise price.
Summary
- On November 4, 2024, Haitham Khouri, CEO of Perimeter Solutions, exercised 370,000 warrants to purchase 92,500 ordinary shares at $12.00 per share.
- The exercise was conducted on a cashless basis, resulting in Perimeter Solutions withholding 82,344 ordinary shares to cover the exercise price.
- Following these transactions, Khouri directly owns 259,989 ordinary shares.
- The transactions were reported on November 6, 2024.
Sentiment
Score: 5
Explanation: The document is a neutral report of insider trading activity. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor executive actions and potential alignment with company performance.
Stakeholder Impact
- Shareholders may be interested in the CEO's transactions as an indicator of confidence in the company's future prospects.
Key Dates
| Date | Description |
|---|---|
| 11/08/2021 | Warrants exercisable date |
| 11/04/2024 | Reporting Person exercised 370,000 warrants to purchase 92,500 Ordinary Shares for $12.00 per share |
| 11/06/2024 | Date of transaction report |
| 11/11/2024 | Warrants expiration date |
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