Form 4: Arteris Director Transfers Shares to Family Trust

Arteris director Antonio J. Viana transferred 5,071 common shares to the Viana Family Trust, while also receiving 5,071 shares from the trust.

Summary

• On November 13, 2024, Antonio J. Viana, a director at Arteris, Inc., transferred 5,071 shares of common stock to the Viana Family Trust.
• Concurrently, Mr. Viana received 5,071 shares of common stock from the Viana Family Trust.
• The transfer and receipt of shares were both executed at a price of $0.00.
• Following these transactions, Mr. Viana directly owns 19,288 shares and indirectly owns 203,821 shares through the Viana Family Trust.

Sentiment

Score: 5

Explanation: The document reflects a neutral transaction, a routine transfer of shares to a family trust, with no indication of positive or negative sentiment.

Industry Context

This is a routine transaction for a company director and is not unusual. It is a common practice for directors to manage their holdings through trusts for estate planning and tax purposes.

Comparison to Industry Standards

• Share transfers to family trusts are a common practice among corporate directors and executives.
• These types of transactions are typically disclosed via SEC Form 4 filings, which is standard procedure.
• The transfer of shares at $0.00 is typical for transfers between a person and their trust, as it is not a sale.

Related Party Transactions

• The transfer of shares to the Viana Family Trust is a related party transaction.

Stakeholder Impact

• The transaction has no immediate impact on shareholders, employees, customers, suppliers, or creditors.
• The transaction is a routine transfer of shares for estate planning purposes.

Key Dates

Keywords

Arteris, insider trading, share transfer, beneficial ownership, Form 4, Antonio J. Viana, Viana Family Trust