Form 4: Arteris Inc. Director Antonio J. Viana Acquires Shares in Lieu of Cash Compensation

Director Antonio J. Viana acquired 2,580 shares of Arteris, Inc. common stock as fully vested restricted stock in lieu of cash retainer fees.

Summary

• On October 5, 2024, Antonio J. Viana, a director of Arteris, Inc., acquired 2,580 shares of common stock.
• The acquisition was made through the receipt of fully vested restricted stock in lieu of cash retainer fees.
• The price per share was $0.00.
• Following the transaction, Viana directly owns 24,359 shares of Arteris, Inc. common stock.
• Viana also indirectly owns 201,531 shares through the Viana Family Trust.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction of a director receiving stock compensation. It doesn't indicate any major positive or negative developments for the company.

Positives

• A director's decision to take compensation in stock may signal confidence in the company's future performance.

Industry Context

Directors receiving stock in lieu of cash compensation is a fairly common practice, particularly in growth-oriented companies. It aligns the director's interests with those of the shareholders.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates