Form 4: Perimeter Solutions CEO Haitham Khouri Receives Shares via Pro Rata Distribution
SEC Form 4 Filing
Haitham Khouri, CEO of Perimeter Solutions, acquired 249,833 ordinary shares through a pro rata distribution from EverArc Founders, LLC.
Summary
- On March 14, 2024, Haitham Khouri, the CEO of Perimeter Solutions, acquired 249,833 ordinary shares.
- The acquisition was a result of a pro rata distribution from EverArc Founders, LLC to its members.
- The price per share for this transaction was $0.
- Following the transaction, Mr. Khouri beneficially owns 249,833 ordinary shares.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports a standard transaction. The pro rata distribution itself doesn't inherently indicate positive or negative sentiment, but the CEO's increased ownership could be perceived slightly positively.
Positives
- The acquisition of shares by the CEO could be seen as a positive sign, indicating confidence in the company's future.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- Shareholders may view the CEO's increased ownership positively, as it aligns his interests with theirs.
Key Dates
| Date | Description |
|---|---|
| 03/14/2024 | Date of transaction: Haitham Khouri acquired 249,833 ordinary shares. |
| 03/18/2024 | Date of signature for the Form 4 filing. |
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