Form 4: Arteris Inc. CFO Nicholas Hawkins Sells Shares to Cover Tax Obligations

Nicholas Hawkins, CFO of Arteris, Inc., sold shares of common stock on April 2nd and 4th, 2025, to cover tax liabilities related to the release of restricted stock units.

Summary

• Nicholas Hawkins, the VP and Chief Financial Officer of Arteris, Inc., executed sales of Arteris, Inc. common stock on April 2nd and April 4th, 2025.
• The sales on April 2nd involved three separate transactions at a price of $7.1186 per share, totaling 3,888 shares.
• On April 4th, 2025, Hawkins sold 4,949 shares at a weighted average price of $6.026, with individual prices ranging from $5.84 to $6.23.
• These transactions were made to satisfy the reporting person's tax liability arising as a result of the release of restricted stock units.
• The April 4th transaction was executed pursuant to a pre-arranged 10b5-1 trading plan adopted on May 20, 2024.
• Following these transactions, Hawkins directly owns 176,596 shares of Arteris, Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

This is a routine disclosure related to insider trading activity. It is common for executives to sell shares to cover tax obligations related to stock-based compensation.

Stakeholder Impact

• The stock sale could have a minor negative impact on shareholders due to the increased supply of shares in the market, but the impact is likely to be minimal given the relatively small number of shares sold.

Key Dates

Keywords

Form 4, Arteris, Inc., AIP, Nicholas Hawkins, CFO, Stock Sale, 10b5-1 Trading Plan, Tax Liability, Restricted Stock Units