Bowman Grant 4
4 · Perimeter Solutions, Inc. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Perimeter (PRM) President Bowman Grant Receives 139,820-Share Award
What Happened
Bowman Grant, President, Specialty Products at Perimeter Solutions (PRM), acquired 139,820 shares on February 26, 2026 through the vesting of previously granted performance-based stock options. The filing shows two derivative awards: 100,000 shares and 39,820 shares, each reported at $0.00 (awarded/vested shares, not an open-market purchase).
Key Details
- Transaction date: February 26, 2026. Report filed March 2, 2026 (within the two-business-day Form 4 filing window).
- Reported awards: 100,000 shares (A) @ $0.00 and 39,820 shares (A) @ $0.00 — total 139,820 shares awarded/vested.
- Consideration: $0.00 reported — these shares vested as a result of option awards/compensation, not a cash purchase.
- Shares owned after transaction: not specified in the summary provided.
- Relevant footnotes:
- F1: Option grant dated Feb 14, 2024 (500,000-share option) vests in five annual installments tied to performance; 2025 criteria were met, vesting 100,000 shares.
- F2: Option grant dated Feb 12, 2025 (225,000-share option) vests in five annual installments; 2025 criteria were partially met, vesting 39,820 shares.
- No sale or market trade reported in this filing.
Context
These entries reflect vesting of performance-based options (derivative awards) rather than open-market buying or selling. Vesting is compensation tied to meeting company performance goals and does not necessarily indicate a personal purchase decision or immediate market action. Because the filing reports $0 consideration and no subsequent sale, there is no cashless exercise or sale shown here.
Insider Transaction Report
- Award
Stock Option (right to buy)
[F1]2026-02-26+100,000→ 200,000 totalExercise: $5.23From: 2026-02-26Exp: 2034-02-14→ Common Stock (100,000 underlying) - Award
Stock Option (right to buy)
[F2]2026-02-26+39,820→ 39,820 totalExercise: $11.80From: 2026-02-26Exp: 2035-02-12→ Common Stock (39,820 underlying)
Footnotes (2)
- [F1]On February 14, 2024, the reporting person was granted an option to purchase 500,000 shares of common stock. The option vests in five equal annual installments based on the Issuer's satisfaction of certain performance criteria for each of the fiscal years ending December 31, 2024, 2025, 2026, 2027 and 2028. The performance criteria for 2025 were met, resulting in the vesting of the option as to 100,000 shares of common stock.
- [F2]On February 12, 2025, the reporting person was granted an option to purchase 225,000 shares of common stock. The option vests in five equal annual installments based on the Issuer's satisfaction of certain performance criteria for each of the fiscal years ending December 31, 2025, 2026, 2027, 2028 and 2029. The performance criteria for 2025 were partially met, resulting in the vesting of the option as to 39,820 shares of common stock.