The proposed sale by a former director is routine and not a strong bearish signal. The stock has traded actively on prior reports; monitor for Form 4 filings to confirm execution. No immediate trading action warranted given the immaterial size.
Price Chart
Executive Summary
Former director Raj Vivek filed two Form 144 notices on June 12, 2026, proposing to sell a combined 121,701 shares of Perimeter Solutions (PRM) worth approximately $4.27 million. The shares were acquired in 2024 and 2025 via pro-rata distributions from EverArc Founders, LLC. As a former director, the sale carries less insider-signal weight than an active officer/CEO sale, and the total represents only ~0.075% of shares outstanding.
Key Facts
- Two Form 144s filed on 2026-06-12 by former director Raj Vivek.
- First filing: 78,569 shares ($2,753,843), acquired 06/20/2025 via pro-rata distribution from EverArc Founders, LLC.
- Second filing: 43,132 shares ($1,511,777), acquired 03/14/2024 via pro-rata distribution from EverArc Founders, LLC.
- Total proposed sale: 121,701 shares (~$4.27M), executed via J.P. Morgan Securities LLC.
- Company has 163,127,063 shares outstanding, so proposed sale represents ~0.075% of total shares.
- No other insider filings were provided in this batch beyond these two 144s.
Financial Impact
Proposed sale of ~121,701 shares worth ~$4.27 million, representing 0.075% of market cap ($5.7B).
Risk Factors
- If additional former executives or large holders file similar Form 144s in coming weeks, it could signal broader distribution-led selling.
- The proposed sale may already be executed, reducing forward risk, but could indicate reduced insider alignment.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (PRM) — Batch item 1 | 0001968582-26-000600 |
| Document: 0001968582-26-000600-index.html | 0001968582-26-000599 |
| Document: 0001968582-26-000600.txt | 0001968582-26-000600 |
| 144 Filing (PRM) — Batch item 4 | 0001968582-26-000599 |
| Document: 0001968582-26-000599-index.html | 0001968582-26-000600 |
| Document: 0001968582-26-000599.txt | 0001968582-26-000600 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | Press Release | $27.80 | awaiting T+60 | — | $28.48 (+2.45%) |
Jul 31, 2026 12w ago | 8-K | $30.61 $28.10 | ▼ −8.20% | ▼ −10.65% | $28.48 (−6.96%) |
Jul 31, 2026 12w ago | Press Release | $30.61 $28.10 | ▲ +8.20% | ▲ +10.65% | $28.48 (+6.96%) |
Jul 23, 2026 13w ago | Press Release | $33.73 $26.35 | ▼ −21.88% | ▼ −25.17% | $28.48 (−15.56%) |
Jun 12, 2026 19w ago | 144 | $36.36 $31.23 | ▼ −14.11% | ▼ −15.11% | $28.48 (−21.67%) |
May 15, 2026 23w ago | Insider Cluster | $33.44 $34.56 | ▲ +3.35% | ▼ −1.50% | $28.48 (−14.83%) |
May 6, 2026 24w ago | 8-K | $27.41 $30.61 | ▲ +11.67% | ▲ +9.61% | $28.48 (+3.90%) |
May 6, 2026 24w ago | Press Release | $27.41 $30.61 | ▲ +11.67% | ▲ +9.61% | $28.48 (+3.90%) |
Apr 21, 2026 26w ago | Press Release | $30.65 $34.42 | ▲ +12.30% | ▲ +7.52% | $28.48 (−7.08%) |
Apr 17, 2026 27w ago | DEFA14A | $27.80 $33.32 | ▲ +19.86% | ▲ +13.71% | $28.48 (+2.45%) |
US Market Status
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