Form 4: Perimeter Solutions Director Sells 50,000 Shares

Tracy Britt Cool, a director at Perimeter Solutions, sold 50,000 shares of common stock at an average price of $12.81 on November 22, 2024.

Summary

• Tracy Britt Cool, a director of Perimeter Solutions, sold 50,000 shares of the company's common stock on November 22, 2024.
• The sale was executed at a weighted average price of $12.81 per share.
• The prices of the shares sold ranged from approximately $12.64 to $12.97 per share.
• Following the transaction, Ms. Cool directly owns 173,449 shares and indirectly owns 6,200 shares through her spouse.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock sale by a director, with no inherent positive or negative sentiment. It's a routine filing.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders who trade company stock. It provides transparency into the trading activities of company directors.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies in the US, ensuring transparency of insider trading.
• The sale by a director is a common occurrence and does not necessarily indicate a negative outlook for the company.
• Similar filings are made by directors and officers of all publicly listed companies such as Johnson & Johnson, Apple, and Microsoft when they trade their company's stock.

Stakeholder Impact

• The sale of shares by a director may be of interest to shareholders, but it is a common occurrence and does not necessarily indicate a change in the company's prospects.

Key Dates

Keywords

Perimeter Solutions, stock sale, insider trading, director, common stock, share transaction