Form 4: Perimeter Solutions CEO Haitham Khouri Reports Gift of Shares and Trust Holdings
SEC Form 4 Filing
CEO Haitham Khouri reports gifting shares and holding shares through a spousal dynasty trust.
Summary
- On August 2, 2024, Haitham Khouri, CEO of Perimeter Solutions, reported a transaction involving ordinary shares.
- He gifted 1,225,385 ordinary shares.
- He also reported acquiring 1,225,385 ordinary shares through the Khouri Spousal Dynasty Trust.
- Mr. Khouri maintains sole voting and dispositive power over the shares held in the irrevocable dynasty trust, where he and Joseph Cornell are trustees.
- 250,000 shares are indirectly owned by his spouse.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing changes in beneficial ownership, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction may be of interest to shareholders as it provides insight into the CEO's holdings and financial planning.
Key Dates
| Date | Description |
|---|---|
| 06/12/2024 | Date of Khouri Spousal Dynasty Trust |
| 08/02/2024 | Date of transaction: Gift of shares and acquisition via trust |
| 08/05/2024 | Date of signature on the report |
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