Form 4: Arteris Inc. VP and General Counsel Paul L. Alpern Reports Stock Sale
SEC Form 4 Filing
Paul L. Alpern, VP and General Counsel of Arteris, Inc., sold 406 shares of common stock at $8.17 per share on March 6, 2025, according to a Form 4 filing.
Summary
- On March 6, 2025, Paul L. Alpern, VP and General Counsel of Arteris, Inc., sold 406 shares of common stock.
- The sale was executed at a price of $8.17 per share.
- Following the transaction, Alpern directly owns 90,204 shares of Arteris, Inc. common stock.
- The transaction was made pursuant to a 10b5-1 trading plan adopted on May 8, 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an insider stock sale. It doesn't inherently convey positive or negative sentiment about the company's performance.
Industry Context
This is a routine disclosure of an insider stock sale. It's common for executives to use 10b5-1 trading plans to sell shares over time to avoid accusations of trading on inside information.
Stakeholder Impact
- The stock sale by a company insider could be perceived negatively by some shareholders, although the existence of a 10b5-1 plan mitigates this concern.
Key Dates
| Date | Description |
|---|---|
| 2024-05-08 | Date the Reporting Person adopted a 10b5-1 trading plan |
| 2025-03-06 | Date of the transaction (stock sale) |
| 2025-03-07 | Date of signature on the Form 4 |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.