Perimeter Solutions (PRM) director donates 3.48M shares to nonprofit
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Perimeter Solutions director Howley W. Nicholas gifted 3,480,640 shares of Common Stock to a 501(c)(3) nonprofit organization in a bona fide charitable transaction. The shares were transferred at a reported price of $0.00 per share under an exemption pursuant to Rule 16b-5. After the gift, Nicholas directly holds 606,200 shares of Perimeter Solutions common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,480,640 shares gifted
Mixed
1 txn
Insider
Howley W Nicholas
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 3,480,640 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 606,200 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares gifted: 3,480,640 shares
Gift price per share: $0.00 per share
Shares held after transaction: 606,200 shares
+2 more
5 metrics
Shares gifted
3,480,640 shares
Bona fide gift of Common Stock on 2026-04-23
Gift price per share
$0.00 per share
Reported transaction price for gifted shares
Shares held after transaction
606,200 shares
Direct holdings of Howley W. Nicholas following gift
Gift transactions count
1 transaction
Single bona fide gift reported in Form 4
Gifted shares total
3,480,640 shares
GiftShares in transaction summary
Key Terms
Bona fide gift, Rule 16b-5, 501(c)(3) nonprofit organization
3 terms
Bona fide gift financial
"The transaction code description is "Bona fide gift" for this transfer."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Rule 16b-5 regulatory
"gifted these shares to a 501(c)(3) nonprofit organization in an exempt transaction pursuant to Rule 16b-5."
501(c)(3) nonprofit organization regulatory
"gifted these shares to a 501(c)(3) nonprofit organization in an exempt transaction"
FAQ
What did Perimeter Solutions (PRM) director Howley W. Nicholas report in this Form 4?
Director Howley W. Nicholas reported gifting 3,480,640 shares of Perimeter Solutions Common Stock. The Form 4 classifies this as a bona fide gift, meaning no sale proceeds were received. The transaction reflects a charitable transfer rather than a market trade in PRM shares.