Form 4: Arteris Inc. Executive Sells Shares for Tax Withholding
Statement of Changes in Beneficial Ownership
Arteris Inc. VP and CFO Nicholas B. Hawkins sold a total of 5,377 shares of common stock on July 2, 2026, to cover tax liabilities related to the release of restricted stock units.
Summary
- Nicholas B. Hawkins, VP and Chief Financial Officer of Arteris, Inc., sold a total of 5,377 shares of common stock on July 2, 2026.
- The sales were executed at a price of $38.7779 per share.
- These transactions were made to satisfy the reporting person's tax liability arising from the release of restricted stock units.
- The sales were mandated by the issuer's election to require tax withholding obligations to be funded by a 'sell to cover' transaction, and do not represent discretionary trades.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as the transactions are routine for covering tax liabilities and do not indicate a change in the executive's conviction about the company's prospects.
Future Outlook
No specific future outlook or guidance is provided in this filing.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, often related to executive compensation plans and tax obligations. The 'sell to cover' strategy is a common method for executives to manage tax liabilities associated with equity awards without impacting their long-term holdings.
Stakeholder Impact
- Shareholders: The sale of shares by an executive for tax purposes is a routine event and is not expected to have a significant impact on the share price or overall shareholder value.
Key Dates
| Date | Description |
|---|---|
| 07/02/2026 | Date of earliest transaction and sale of common stock. |
| 07/06/2026 | Date of signature for the filing. |
Keywords
Arteris Inc., Nicholas B. Hawkins, Form 4, SEC Filing, Stock Sale, Tax Liability, Restricted Stock Units, Insider Trading, Executive Compensation
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