Form 4: Arteris Inc. COO Laurent R. Moll Sells Shares Under 10b5-1 Trading Plan

Laurent R. Moll, Chief Operating Officer of Arteris, Inc., sold 1,262 shares of common stock at an average price of $7.175 per share on July 5, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• On July 5, 2024, Laurent R. Moll, the Chief Operating Officer of Arteris, Inc., sold 1,262 shares of the company's common stock.
• The sale was executed at a weighted average price of $7.175 per share, with individual transactions ranging from $7.06 to $7.29.
• The transaction was conducted under a 10b5-1 trading plan adopted on March 15, 2024.
• Following the sale, Moll directly owns 582,029 shares of Arteris, Inc.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to an insider stock sale under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment.

Industry Context

This is a routine disclosure of an insider stock sale. It is common for executives to use 10b5-1 trading plans to sell shares over time to avoid accusations of insider trading.

Stakeholder Impact

• The sale of shares by a company executive could be perceived negatively by some shareholders, although the existence of a 10b5-1 plan mitigates this concern.

Key Dates