Form 4: Arteris Inc. Director Antonio J. Viana Executes Stock Sale Under 10b5-1 Plan

Director Antonio J. Viana sold 2,491 shares of Arteris, Inc. common stock at an average price of $10.3324, pursuant to a pre-arranged 10b5-1 trading plan.

Summary

• On February 3, 2025, Antonio J. Viana, a director of Arteris, Inc., sold 2,491 shares of common stock.
• The sale was executed under a 10b5-1 trading plan adopted on June 13, 2024.
• The shares were sold at a weighted average price of $10.3324.
• Prices for individual transactions ranged from $10.08 to $10.45.
• Following the transaction, Viana directly owns 21,328 shares and indirectly owns 201,330 shares through the Viana Family Trust.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reports a routine stock sale under a pre-arranged plan. It doesn't indicate any positive or negative outlook on the company.

Future Outlook

NA

Industry Context

This is a routine disclosure of an insider stock sale under a pre-arranged trading plan, which is a common practice to avoid accusations of trading on non-public information. It doesn't necessarily reflect a change in the director's outlook on the company.

Comparison to Industry Standards

• Insider sales are a common occurrence in publicly traded companies.
• The use of 10b5-1 trading plans is a standard practice to ensure compliance with insider trading regulations.
• The size of the sale (2,491 shares) is relatively small compared to the total shares held by the director (222,658 shares directly and indirectly).

Stakeholder Impact

• The stock sale may have a minimal impact on shareholders, as it's a small transaction by a single director.
• The sale is unlikely to affect employees, customers, suppliers, or creditors.

Key Dates

Keywords

Form 4, Arteris Inc., AIP, Antonio J. Viana, Stock Sale, 10b5-1 Trading Plan, Director, Insider Trading