Perimeter Solutions, Inc. (NASDAQ:PRM) Chief Financial Officer Kyle Sable recently exercised stock options and sold a significant number of shares, according to a Form 4 filing with the SEC. On May 13, 2026, Mr. Sable sold a total of 49,540 shares of common stock, generating approximately $1,639,066 from the transactions.
The sales occurred in two separate transactions. Mr. Sable first disposed of 46,263 shares at a weighted average price of $33.05 per share. The prices for these shares ranged from approximately $32.50 to $33.50. Subsequently, an additional 3,277 shares were sold at a weighted average price of $33.59 per share, with prices ranging from approximately $33.51 to $33.67.
Perimeter Solutions stock trades at $33.24, near its 52-week high of $34.89. The stock has surged 177.61% over the past year, according to Bond.az data, though the company currently appears overvalued based on Fair Value analysis. The stock trades at a Price/Book multiple of 4.5 with a market cap of $5.55 billion.
Prior to these sales, Mr. Sable acquired 49,540 shares through the exercise of stock options at $8.36 per share, totaling approximately $414,154. The options had an exercise date of February 26, 2026, and an expiration date of May 6, 2032.
Following these transactions, Mr. Sable’s direct ownership of Perimeter Solutions common stock stands at 0 shares. However, he continues to hold 70,000 derivative securities in the form of stock options.
In other recent news, Perimeter Solutions reported a strong Q1 2026 performance, significantly exceeding market expectations. The company posted EPS of $0.06, versus an anticipated loss of $0.13, a 146.15% positive surprise. Revenue reached $125.1 million, surpassing the forecasted $49.68 million by 151.81%.
