Form 4: Arteris Director Joachim Kunkel Acquires Shares in Lieu of Cash Compensation
SEC Form 4
Director Joachim Kunkel acquired 1,514 shares of Arteris, Inc. common stock on January 5, 2025, as compensation in lieu of cash.
Summary
- On January 5, 2025, Joachim Kunkel, a director of Arteris, Inc., acquired 1,514 shares of common stock.
- The acquisition was made in lieu of cash retainer fees.
- The price per share was $0.00, indicating it was part of a compensation arrangement.
- Following the transaction, Kunkel directly owns 41,922 shares of Arteris, Inc. common stock.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a routine transaction. A director taking compensation in stock is generally viewed positively, but the document itself is simply a regulatory filing.
Positives
- A director taking compensation in stock aligns their interests with shareholders.
Industry Context
Directors receiving stock as compensation is a common practice to align management's interests with those of shareholders.
Stakeholder Impact
- The transaction could have a slightly positive impact on shareholders as it aligns the director's interests with theirs.
Key Dates
| Date | Description |
|---|---|
| 01/05/2025 | Date of transaction: Joachim Kunkel acquired 1,514 shares of Arteris, Inc. common stock. |
| 01/07/2025 | Date of signature on the Form 4 filing. |
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