Form 4: Peraso Inc. CEO Ronald Glibbery Reports Stock Transaction

Peraso Inc.'s CEO, Ronald Glibbery, disposed of 447 shares of common stock to cover tax obligations related to vested restricted stock units.

Summary

• Peraso Inc. CEO Ronald Glibbery reported a transaction involving the company's common stock.
• On December 17, 2024, Mr. Glibbery disposed of 447 shares of common stock.
• The shares were disposed of to cover tax obligations related to the vesting of restricted stock units.
• The price per share was $1.10, based on the closing price on the Nasdaq Capital Market on December 17, 2024.
• Following the transaction, Mr. Glibbery directly owns 3,482 shares and indirectly owns 826 shares through family members.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of a stock transaction by an executive, which is neither positive nor negative in itself.

Industry Context

This is a standard SEC Form 4 filing, which is common for company insiders reporting transactions in their company's stock. It is a routine disclosure and does not indicate any specific trend in the industry.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies in the United States.
• The transaction is typical for executives who receive stock-based compensation and need to cover tax liabilities upon vesting.
• The number of shares disposed of is relatively small compared to the total shares outstanding, suggesting it is a routine transaction.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a small sale of shares by an executive to cover tax obligations.

Key Dates

Keywords

Peraso Inc., Ronald Glibbery, stock transaction, Form 4, insider trading, restricted stock units, tax obligations