Peraso (PRSO) grants 5% retroactive raises to executives
Rhea-AI Filing Summary
Peraso Inc. (PRSO) reported that its Compensation Committee approved increases to the annual base salaries of all executive officers, including the named executive officers. Each affected executive received a 5% increase to his then-current annual base salary, effective retroactively as of July 1, 2026. The company stated that, for the CEO, CFO and COO, any target annual bonus opportunity and severance benefits that are calculated by reference to base salary will now be recalculated using the increased base salary amounts, effective as of the Salary Increase effective date. The action was approved on August 21, 2026.
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8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
Executive base salary increase: 5%
Salary increase effective date: July 1, 2026
Approval date: August 21, 2026
3 metrics
Executive base salary increase
5%
Increase to each executive officer’s then-current annual base salary
Salary increase effective date
July 1, 2026
Effective retroactive date for the 5% executive salary increases
Approval date
August 21, 2026
Date the Compensation Committee approved the executive salary increases
Key Terms
Compensation Committee, target annual bonus opportunity, severance benefits, Emerging growth company
4 terms
Compensation Committee financial
"the Compensation Committee (the “Compensation Committee”) of the Board of Directors"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
target annual bonus opportunity financial
"To the extent the target annual bonus opportunity and/or severance benefits"
severance benefits financial
"target annual bonus opportunity and/or severance benefits of any of the CEO, the CFO or the COO"
Emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
What executive compensation change did Peraso Inc. (PRSO) disclose on August 21, 2026?
Peraso Inc. disclosed that its Compensation Committee approved a 5% increase in annual base salary for each of the company’s executive officers, including the named executive officers, with the change effective retroactively as of July 1, 2026.
How will the Peraso (PRSO) CEO, CFO and COO bonus opportunities be affected?
For Peraso’s CEO, CFO and COO, any target annual bonus opportunity that is calculated by reference to base salary will be recalculated based on their increased annual base salaries, effective as of the July 1, 2026 effective date of the salary increases.
Do the Peraso (PRSO) salary increases affect severance benefits for executives?
Yes. Peraso stated that, for the CEO, CFO and COO, any severance benefits calculated by reference to annual base salary under their employment arrangements will be recalculated using the increased base salary, effective as of the salary increase effective date.
When were the Peraso Inc. (PRSO) executive salary increases approved and effective?
The Compensation Committee approved the executive salary increases on August 21, 2026, and the increases are effective retroactively as of July 1, 2026, meaning compensation and related calculations are based on the higher salaries from that date.
Which Peraso (PRSO) corporate body authorized the executive salary increases?
The Compensation Committee of Peraso Inc.’s Board of Directors authorized the 5% annual base salary increases for the company’s executive officers, including the named executive officers, as disclosed in the filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
