Form 4: Peraso Inc. Executive Mark Lunsford Reports Stock Transaction
SEC Form 4 Filing
Mark Lunsford, Chief Revenue Officer of Peraso Inc., reports the withholding of 197 common stock shares to cover tax obligations related to vested restricted stock units.
Summary
- On April 17, 2024, Mark Lunsford, the Chief Revenue Officer of Peraso Inc., filed a Form 4.
- The form details a transaction on April 15, 2024, where 197 shares of common stock were withheld to satisfy tax obligations.
- This was related to the vesting of restricted stock units (RSUs).
- Following the transaction, Lunsford directly owns 2,347 shares of Peraso Inc. common stock.
- The RSUs were initially granted on October 24, 2022, and vest over time.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a routine stock transaction related to executive compensation.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard tax withholding related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 10/24/2022 | Reporting person was granted 2,875 restricted stock units |
| 01/02/2024 | 1-for-40 reverse stock split of the Company's common stock |
| 04/15/2024 | Shares of common stock withheld to satisfy the reporting person's tax obligation in connection with the settlement of shares of common stock underlying the portion of the RSUs that vested |
| 04/17/2024 | Date of Form 4 filing |
Keywords
Form 4, Peraso Inc., Mark Lunsford, Stock Transaction, RSU, Beneficial Ownership, PRSO
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.