Form 4: Peraso Inc. Executive Alex Tomkins Reports Stock Transactions
SEC Form 4 Filing
Alex Tomkins, Chief Technology Officer of Peraso Inc., reports the acquisition and disposal of common stock and the vesting of restricted stock units.
Summary
- On June 14, 2024, Alex Tomkins, the Chief Technology Officer of Peraso Inc., acquired 1,300 shares of common stock at $1.52 per share and 3,500 shares at $1.53 per share.
- On June 17, 2024, 168 shares were disposed of at $1.51 per share to cover tax obligations related to the vesting of restricted stock units (RSUs).
- Following these transactions, Tomkins directly owns 6,251 shares of Peraso Inc. common stock.
- The RSUs were granted on April 15, 2022, and vest semi-annually, with each RSU representing a right to receive one share of common stock.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting insider transactions, providing transparency to investors regarding the buying and selling activities of company executives.
Stakeholder Impact
- Shareholders are informed about the stock transactions of a key executive, which can influence investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 12/17/2021 | Date used for semi-annual anniversary of RSU vesting. |
| 04/15/2022 | Date of RSU grant to the reporting person. |
| 01/02/2024 | 1-for-40 reverse stock split of the Issuer's common stock. |
| 06/14/2024 | Date of common stock acquisition. |
| 06/17/2024 | Date of RSU vesting and tax obligation fulfillment. |
| 06/20/2024 | Date of signature on the Form 4. |
Keywords
Form 4, Peraso Inc., Alex Tomkins, Stock Transactions, Beneficial Ownership, RSUs, Chief Technology Officer
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.