Form 4: Peraso Inc. CFO James Sullivan Reports Stock Transaction
SEC Form 4 Filing
Chief Financial Officer James Sullivan of Peraso Inc. reports disposition of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On June 17, 2024, James Sullivan, CFO of Peraso Inc., disposed of 171 shares of common stock at a price of $1.51.
- This transaction was to cover tax obligations related to the vesting of restricted stock units (RSUs).
- Following the transaction, Sullivan directly owns 2,042 shares of Peraso Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 12/17/2021 | Date from which RSUs vest semi-annually. |
| 04/15/2022 | Date RSUs were granted to the reporting person. |
| 01/02/2024 | 1-for-40 reverse stock split of the Issuer's common stock. |
| 06/17/2024 | Date of the reported transaction (disposal of shares for tax obligations). |
| 06/20/2024 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Peraso Inc., James Sullivan, CFO, stock transaction, restricted stock units, RSUs, beneficial ownership
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