Form 4: Arteris Inc. Director Saiyed Atiq Raza Reports Acquisition of Restricted Stock Units

Director Saiyed Atiq Raza reports the acquisition of 19,287 restricted stock units (RSUs) of Arteris, Inc.

Summary

• On June 4, 2024, Saiyed Atiq Raza, a director of Arteris, Inc., reported the acquisition of 19,287 restricted stock units (RSUs).
• These RSUs represent a contingent right to receive one share of Arteris, Inc.'s common stock each.
• The RSUs will vest in full on the earlier of (i) the first anniversary of the grant date and (ii) immediately before the Annual Meeting following the grant date, subject to continued service on the Issuer's Board.
• Following the transaction, Raza directly owns 48,314 shares of common stock and indirectly owns 817,215 shares through the Saiyed Atiq Raza and Nandini Saraiya 2012 Revocable Trust.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock units being granted, which is neither particularly positive nor negative.

Positives

• The acquisition of RSUs by a director signals confidence in the company's future performance.

Future Outlook

The RSUs will vest based on continued service, indicating an expectation of ongoing involvement and contribution from the director.

Industry Context

This filing is a routine disclosure related to insider transactions and provides insight into the compensation structure and ownership stake of a key company director.

Stakeholder Impact

• The acquisition of RSUs by a director can be viewed positively by shareholders as it aligns the director's interests with the company's long-term success.

Key Dates