Form 4: Arteris Inc. Executive Sells Shares for Tax Withholding

Arteris Inc. VP and CFO Nicholas B. Hawkins sold company stock to cover tax liabilities from restricted stock unit releases.

Summary

• Nicholas B. Hawkins, VP and Chief Financial Officer of Arteris, Inc., reported the sale of 4,370 shares of common stock on April 2, 2026.
• These sales were executed at a price of $17.6528 per share.
• The transactions were made to satisfy the reporting person's tax liability arising from the release of restricted stock units.
• The sales were mandated by Arteris, Inc.'s equity incentive plans, which require tax withholding obligations to be funded by a 'sell to cover' transaction.
• These sales do not represent discretionary trading decisions by Mr. Hawkins.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as the stock sales are for tax withholding purposes and not indicative of management's view on the company's future performance.

Negatives

• The sale of shares by a key executive could be perceived negatively by the market, although it is for tax purposes.

Risks

• The filing does not explicitly mention any future risks or challenges.

Future Outlook

No specific future outlook or guidance is provided in this filing, as it pertains to a stock transaction by an executive.

Management Comments

• The sales are mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a 'sell to cover' transaction and do not represent discretionary trades by the Reporting Person.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard for executives and often involve stock sales for tax withholding purposes, which are generally not indicative of a negative view on the company's prospects.

Stakeholder Impact

• Shareholders may see a slight increase in the float of common stock available for trading, though the impact is minimal given the nature of the transaction.

Next Steps

• No specific next steps are outlined in this filing.

Key Dates

Keywords

Arteris Inc., Nicholas B. Hawkins, Form 4, SEC Filing, Stock Sale, Tax Liability, Restricted Stock Units, Sell to Cover, Executive Compensation