Form 4: Arteris Inc. VP and General Counsel Paul Alpern Sells Shares to Cover Tax Obligations

Paul Alpern, VP and General Counsel of Arteris, Inc., sold shares of common stock on April 2nd and 4th, 2025, to cover tax liabilities related to the release of restricted stock units.

Summary

• Paul Alpern, the VP and General Counsel of Arteris, Inc., reported the sale of Arteris, Inc. [AIP] common stock.
• The transactions occurred on April 2, 2025, and April 4, 2025.
• A total of 1,008 shares were sold at a price of $7.1186 on April 2, 2025.
• An additional 691 shares were sold at a price of $7.1186 on April 2, 2025.
• Another 1,179 shares were sold at a price of $7.1186 on April 2, 2025.
• On April 4, 2025, 3,609 shares were sold at a weighted average price of $6.0282, with individual prices ranging from $5.87 to $6.24.
• These sales were executed to cover tax liabilities arising from the release of restricted stock units.
• The April 4th transaction was made pursuant to a pre-arranged 10b5-1 trading plan adopted on May 8, 2024.
• Following these transactions, Alpern directly owns 83,717 shares of Arteris, Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock sales by an officer to cover tax obligations. It doesn't inherently convey positive or negative sentiment about the company's performance or future prospects.

Industry Context

This is a routine Form 4 filing, reflecting insider transactions related to equity compensation and tax obligations, which is a common occurrence in publicly traded companies.

Stakeholder Impact

• The stock sales could have a minor dilutive effect on shareholders, but the impact is likely minimal given the relatively small number of shares involved.

Key Dates

Keywords

Form 4, Insider Trading, Stock Sale, Arteris Inc., AIP, Paul Alpern, Restricted Stock Units, Tax Liability, 10b5-1 Trading Plan