Form 4: Peraso Inc. Director Newell Robert Y IV Acquires 500 Shares of Common Stock
SEC Form 4 Filing
Director Newell Robert Y IV acquired 500 shares of Peraso Inc. common stock on February 27, 2024, through a restricted stock unit award.
Summary
- On February 27, 2024, Newell Robert Y IV, a director of Peraso Inc., acquired 500 shares of common stock.
- The acquisition was a result of a restricted stock unit (RSU) award.
- The price per share was $0.00.
- Following the transaction, Newell Robert Y IV directly owns 3,447 shares of Peraso Inc. common stock.
- The RSU award vests on February 27, 2025, or the date of the next annual meeting of stockholders, whichever is earlier.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of an RSU grant.
Positives
- A director increasing their stake in the company can be seen as a positive signal.
Future Outlook
The director's holdings will increase upon vesting of the RSU award.
Industry Context
Form 4 filings are routine disclosures of insider transactions and provide transparency to the market.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider ownership.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Date of transaction and RSU award grant. |
| 02/27/2025 | Vesting date of the RSU award, or the date of the next annual meeting of stockholders if earlier. |
| 02/29/2024 | Date of signature on the Form 4. |
Keywords
Peraso Inc., Newell Robert Y IV, Director, Common Stock, RSU, Restricted Stock Unit, Beneficial Ownership, Form 4
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.