Form 4: Arteris Director Raman Chitkara Receives RSU Grant

Director Raman Chitkara was granted 4,703 restricted stock units as part of his compensation for service to Arteris, Inc.

Summary

• Director Raman Chitkara acquired 4,703 restricted stock units (RSUs) on June 2, 2026.
• Each RSU represents a contingent right to receive one share of Arteris, Inc. common stock.
• The grant was valued at an average trading price of $31.89 per share.
• The reporting person has elected to defer the receipt of the underlying shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial outlook.

Positives

• The grant aligns the director's interests with long-term shareholder value through equity-based compensation.

Negatives

• The issuance of new RSUs results in minor dilution to existing shareholders.

Risks

• Vesting is contingent upon the reporting person continuing to provide services to the Board through the vesting date.

Future Outlook

The RSUs will vest in full on the earlier of the first anniversary of the grant date or immediately before the next annual meeting of stockholders.

Management Comments

• The reporting person elected to defer the receipt of shares.

Industry Context

StockSavvy.ai notes that equity grants to non-employee directors are standard corporate governance practice to ensure board alignment with company performance in the semiconductor and software IP sector.

Comparison to Industry Standards

• The use of RSUs for director compensation is consistent with standard practices for publicly traded technology companies.
• Vesting schedules tied to annual meetings are common among mid-cap technology firms to ensure board continuity.

Stakeholder Impact

• Minor dilution for existing shareholders due to the issuance of equity-based compensation.

Next Steps

• Vesting of the 4,703 RSUs on the earlier of the first anniversary or the next annual meeting.

Key Dates

Keywords

Arteris, AIP, Form 4, Insider Trading, Director Compensation, Restricted Stock Units