Form 4: Peraso Inc. Chief Technology Officer, Alex Tomkins, Reports Stock Transaction

Alex Tomkins, Chief Technology Officer of Peraso Inc., reports a transaction involving the withholding of 168 common stock shares to cover tax obligations related to vested restricted stock units.

Summary

• Alex Tomkins, the Chief Technology Officer of Peraso Inc., has reported a transaction involving the company's common stock.
• On December 17, 2024, 168 shares of common stock were withheld to satisfy tax obligations.
• This withholding was related to the vesting of restricted stock units.
• The price of the stock used for the transaction was $1.10 per share, based on the closing price on the Nasdaq Capital Market on December 17, 2024.
• Following this transaction, Mr. Tomkins beneficially owns 6,083 shares of Peraso Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing for a stock transaction related to executive compensation, which is neither positive nor negative.

Industry Context

This is a routine filing related to stock-based compensation for company executives, which is common practice in publicly traded companies.

Comparison to Industry Standards

• Stock-based compensation and the subsequent tax withholding are standard practices for publicly traded companies.
• The reporting of these transactions via SEC Form 4 is a regulatory requirement to ensure transparency in insider trading.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it involves a small number of shares.
• The transaction is part of the executive compensation package for the Chief Technology Officer.

Key Dates

Keywords

Peraso Inc., stock transaction, insider trading, Form 4, restricted stock units, tax obligations, Alex Tomkins, Chief Technology Officer