SULLIVAN JAMES 4

What Happened

• James Sullivan, Chief Financial Officer of Peraso Inc. (PRSO), received a grant of a derivative award covering 60,000 shares on February 9, 2026. The grant is reported as acquired at $0.00 (derivative security), indicating an option/award rather than an open-market purchase or sale. This is an award (Transaction code: A), not a sale.

Key Details

• Transaction date: 2026-02-09; Form 4 filed 2026-02-10 (timely).
• Security: derivative award covering 60,000 shares, acquisition price reported as $0.00.
• Vesting: vests as to 1/36th of the shares on each monthly anniversary beginning Feb 9, 2026 (footnote F1).
• Holdings after transaction: the filing’s column 9 reports total beneficial ownership for this class of derivative security; the summary provided here does not include a numeric post-transaction total—see the Form 4 for the exact figure. Note footnote F2 explains column 9 aggregates only options of the same class (different exercise prices/vesting treated separately).
• Filing status: timely (not marked late).

Context

• This is a grant of a derivative award (likely stock options or restricted stock units), which vests over time—meaning the shares are not immediately tradable. Such awards are common as compensation and do not by themselves indicate a buy or sell signal. Check the full Form 4 for exercise price, total beneficial ownership numbers, and any additional terms.