Form 4: Arteris Inc. CFO Nicholas Hawkins Sells Shares to Cover Tax Obligations and Under 10b5-1 Plan

Nicholas Hawkins, CFO of Arteris, Inc., sold shares of common stock on March 3, 2025, to cover tax liabilities and under a pre-arranged 10b5-1 trading plan.

Summary

• On March 3, 2025, Nicholas B. Hawkins, the VP and Chief Financial Officer of Arteris, Inc., sold shares of the company's common stock.
• A total of 468 shares were sold at a price of $8.3833 per share to satisfy tax liabilities arising from the release of restricted stock units.
• An additional 5,500 shares were sold at a weighted average price of $8.5843, with individual sales prices ranging from $8.25 to $9.15.
• These transactions were executed under a 10b5-1 trading plan adopted on May 20, 2024.
• Following these transactions, Hawkins directly owns 186,123 shares of Arteris, Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to stock sales by an executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

This is a routine disclosure of insider trading activity. It is common for executives to sell shares to cover tax obligations or as part of pre-arranged trading plans.

Stakeholder Impact

• The stock sales could have a minor 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