Form 4: Arteris Inc. VP and General Counsel Paul Alpern Reports Sale of Shares Under 10b5-1 Trading Plan

Paul Alpern, VP and General Counsel of Arteris, Inc., sold 3,615 shares of common stock at an average price of $7.1302 per share under a pre-arranged 10b5-1 trading plan.

Summary

• On October 4, 2024, Paul Alpern, VP and General Counsel of Arteris, Inc., sold 3,615 shares of Arteris, Inc. common stock.
• The sale was executed under a 10b5-1 trading plan adopted on May 8, 2024.
• The shares were sold at a weighted average price of $7.1302, with individual prices ranging from $7.05 to $7.26.
• Following the transaction, Alpern directly owns 68,084 shares of Arteris, Inc. common stock.

Sentiment

Score: 5

Explanation: The document reports a routine stock sale by an executive under a pre-arranged trading plan. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Sales by company insiders are a common occurrence and are often pre-planned through 10b5-1 trading plans to avoid accusations of trading on inside information. The market typically views these sales in the context of the overall financial health and future prospects of the company.

Stakeholder Impact

• The sale of shares by a company executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the sale relative to the executive's holdings.

Key Dates