Form 4: Arteris Inc. VP and General Counsel Paul Alpern Reports Sale of Common Stock to Cover Tax Obligations
SEC Form 4 Filing
Paul Alpern, VP and General Counsel of Arteris, Inc., sold 276 shares of common stock on March 3, 2025, to cover tax liabilities arising from the release of restricted stock units.
Summary
- On March 3, 2025, Paul Alpern, the VP and General Counsel of Arteris, Inc., sold 276 shares of the company's common stock.
- The sale was executed at a price of $8.3833 per share.
- This transaction was conducted to satisfy Mr. Alpern's tax obligations resulting from the vesting of restricted stock units.
- Following the transaction, Mr. Alpern directly owns 90,610 shares of Arteris, Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an insider stock sale for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This particular filing indicates a sale of shares to cover tax obligations, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Date of stock sale transaction |
| 03/04/2025 | Date of signature on the Form 4 filing |
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