CFO Kyle Sable Sells All Direct Common Stock Holdings for $1.6M
summarizeSummary
Perimeter Solutions CFO Kyle Sable sold all direct common stock holdings worth $1.64 million after exercising options, signaling a lack of conviction as the stock trades near its 52-week high.
check_boxKey Events
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CFO Sells All Direct Common Stock
Kyle Sable, Chief Financial Officer, sold 49,540 shares of common stock for $1.64 million after exercising options, liquidating all direct common stock holdings.
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Timing Near 52-Week High
The sale occurred on May 13, 2026, while the company's stock is trading near its 52-week high of $34.89.
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Part of Broader Insider Selling Trend
This transaction adds to a net insider distribution of over $26 million in open-market sales over the last 90 days, indicating a pattern of executive selling.
auto_awesomeAnalysis
Chief Financial Officer Kyle Sable exercised options and immediately sold all 49,540 shares of common stock acquired, totaling $1.64 million. This transaction represents a complete liquidation of the CFO's direct common stock holdings, occurring while the stock trades near its 52-week high. This significant disposition by a key executive contributes to a broader pattern of insider selling observed over the past 90 days.
At the time of this filing, PRM was trading at $33.23 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $5.4B. The 52-week trading range was $11.55 to $34.89. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.