Form 4: Perimeter Solutions Director Tracy Britt Cool Adjusts Holdings in Latest SEC Filing

Director Tracy Britt Cool reports a pro rata distribution of Perimeter Solutions ordinary shares from EverArc Founders, LLC, resulting in a decrease in her direct holdings.

Summary

• On March 14, 2024, Tracy Britt Cool, a director of Perimeter Solutions, SA, reported a transaction involving the company's ordinary shares.
• The transaction involved a pro rata distribution from EverArc Founders, LLC to its members.
• As a result of this distribution, Ms. Cool acquired 40,052 shares at $0 and disposed of 223,134 shares.
• Following the reported transaction, Ms. Cool's beneficial ownership of Perimeter Solutions ordinary shares is not explicitly stated in the provided document.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a change in share ownership. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates changes in the director's holdings due to a distribution from EverArc Founders, LLC.

Stakeholder Impact

• The change in director's shareholding may be of interest to shareholders.

Key Dates