Form 4: Peraso Inc. Executive Mark Lunsford Reports Stock Transaction

Mark Lunsford, Chief Revenue Officer of Peraso Inc., reports disposition of shares to cover tax obligations related to vested restricted stock units.

Summary

• On October 15, 2024, Mark Lunsford, the Chief Revenue Officer of Peraso Inc., disposed of 171 shares of common stock to cover tax obligations.
• The shares were withheld at a price of $1.56 per share.
• Following the transaction, Lunsford beneficially owns 2,176 shares of Peraso Inc., including unvested restricted stock units (RSUs).

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to an executive's stock transaction, and does not inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to investors.

Comparison to Industry Standards

• Executive stock transactions are a common occurrence in publicly traded companies.
• The withholding of shares to cover tax obligations upon RSU vesting is a standard practice.
• Comparable companies such as MaxLinear, Qorvo, and Broadcom also have executives who regularly report stock transactions via Form 4 filings.

Stakeholder Impact

• The transaction has a minimal direct impact on shareholders, as it is a standard procedure for covering tax obligations.

Key Dates

Keywords

Form 4, Peraso Inc., Mark Lunsford, Chief Revenue Officer, Stock Transaction, RSU, Beneficial Ownership