Thorndike William N Jr

Director Thorndike exercises options and immediately sells bulk of shares in CNX Resources.

Director William Thorndike exercised options to acquire over 83,000 shares and then sold roughly 29,000 of them the same day, netting over $1.1 million in proceeds. This pattern—exercise-and-immediate-sell—typically reflects option expiration mechanics or liquidity needs rather than conviction about the company's direction. Thorndike's prior trading history shows seven consecutive sales with no purchases, and his past sales have not coincided with downturns, suggesting he is a net seller regardless of price environment. CNX is a profitable, fast-growing energy company trading modestly below its highs, so the sale does not signal distress; rather, it appears consistent with his established pattern of harvesting equity compensation. With no cluster context showing other insiders acting similarly, this filing reflects a single director's portfolio management decision, not a broader signal about company sentiment.

Director Thorndike sells 325,000 shares ($7.6M) over 3 days at $23.18–$23.85; stock down 21.4% from 52-week high, company unprofitable.

Director William N Thorndike Jr. executed 4 separate sales totaling 325,000 shares (325.0K shares) for $7,601,921.19 ($7.6M) at prices ranging from $23.18 to $23.85 between March 9–11, 2026. The sales reduced his holdings from 8.86M shares to 8.54M shares, a -3.7% reduction in his position. The stock is currently trading at $23.29, down 21.4% from its 52-week high of $29.64 and down 14.2% over the past 30 days, indicating a broader downward price trend. Perimeter Solutions is unprofitable (net income of $-90.7M on quarterly revenue of $315.4M) despite 16.4% annual revenue growth, suggesting operational challenges that may be weighing on valuation. The timing and volume of this multi-day sale, coupled with the company's loss position and recent price weakness, warrant investor attention to near-term guidance and earnings announcements.

Director William N Thorndike Jr sold 325,000 shares for $7,801,500.00 across three days amid -20.6% drawdown from 52-week high.

Director Thorndike executed three separate sales totaling 325,000 shares for $7,801,500.00 at prices ranging from $23.63 to $24.26 on March 4–6, 2026, reducing his holdings by 3.5% to 8,860,656 shares. The sales occurred while the stock was trading -20.6% below its 52-week high of $29.64 and -12.2% down over the prior 30 days, suggesting the director sold into a material decline. Perimeter Solutions reported a negative full-year net income of $-90,660,000.00 despite annual revenue growth of +16.4%, indicating the company remains unprofitable despite top-line expansion. The timing of these sales—during a significant drawdown and amid persistent unprofitability—may warrant investor scrutiny into whether they reflect updated assessments of the company's near-term trajectory.