Form 4: Arteris Inc. VP and General Counsel Paul Alpern Reports Stock Transactions

Paul Alpern, VP and General Counsel of Arteris, Inc., reports exercising stock options and selling shares under a pre-arranged 10b5-1 trading plan.

Summary

• On April 1, 2024, Paul Alpern, VP and General Counsel of Arteris, Inc., executed transactions involving Arteris, Inc. common stock.
• Alpern exercised options to acquire 10,000 shares at $0.56 and 1,250 shares at $0.60.
• He then sold 1,250 shares at $7.29 and 10,000 shares at a weighted average price of $7.24.
• These transactions were conducted under a pre-arranged 10b5-1 trading plan adopted on August 16, 2023.
• Following these transactions, Alpern directly owns 86,839 shares of common stock, including restricted stock units, and derivative securities.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Positives

• The transactions were conducted under a pre-arranged 10b5-1 trading plan, indicating a planned and transparent approach to stock sales.

Industry Context

Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the pre-arranged trading plan mitigates concerns about opportunistic trading.

Key Dates