Hawkins Nicholas B. 4

What Happened Nicholas B. Hawkins, Chief Financial Officer of Arteris, sold a total of 4,870 shares in four open‑market transactions on April 2, 2026 at $17.65 per share, generating aggregate proceeds of about $85,969. The sales were executed to satisfy tax withholding obligations tied to the release of restricted stock units.

Key Details

• Transaction date: April 2, 2026 (Form 4 filed April 6, 2026).
• Trade breakdown:
  • 1,491 shares @ $17.65 = $26,320
  • 1,512 shares @ $17.65 = $26,691
  • 974 shares @ $17.65 = $17,194
  • 893 shares @ $17.65 = $15,764
• Transaction type: S = Sale (open market/private sale); footnote indicates these were "sell-to-cover" transactions to satisfy tax withholding.
• Shares owned after transaction: not disclosed in this Form 4.
• Filing timing: Form reports trades on Apr 2 and was filed Apr 6 (insiders are typically required to file Form 4 within two business days).

Context Sell‑to‑cover transactions are a common administrative step when restricted stock units vest; the company or issuer elects to satisfy tax withholding by selling a portion of the shares. Such sales are generally not considered the same as discretionary insider selling and therefore carry less signal about the insider’s view of the company than voluntary open‑market sales or purchases. Purchases are typically viewed as more informative about insider sentiment.