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

Paul Alpern, VP and General Counsel of Arteris, Inc., reports the acquisition and disposal of common stock and derivative securities, including transactions made under a 10b5-1 trading plan.

Summary

• On March 1, 2024, Paul Alpern, VP and General Counsel of Arteris, Inc., exercised options to acquire 1,250 shares of common stock at $0.60 and 10,000 shares at $0.56.
• Also on March 1, 2024, Alpern sold 10,000 shares at a weighted average price of $7.0792 and 1,250 shares at a weighted average price of $7.0714.
• Further sales occurred on March 4 and 5, 2024, with 296 shares sold at $7.1662 and 386 shares sold at $7.17, respectively.
• These transactions were made pursuant to a 10b5-1 trading plan adopted on August 16, 2023.
• Following these transactions, Alpern beneficially owns 86,839 shares of common stock, including restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about insider trading activity.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of company executives.

Stakeholder Impact

• Shareholders may be interested in the trading activity of company insiders as it can provide insights into management's perspective on the company's value.

Key Dates