Alpern Paul L 4

What Happened Paul L. Alpern, Vice President and General Counsel of Arteris, Inc. (AIP), disposed of 3,648 shares in open-market transactions on July 2, 2026. The sales were executed in four lots at $38.78 per share: 1,010 shares ($39,166), 692 shares ($26,834), 1,181 shares ($45,797), and 765 shares ($29,665), for a total proceeds of $141,462. These were sell-to-cover transactions tied to the release/vesting of restricted stock units, not discretionary investment sales.

Key Details

• Transaction date: 2026-07-02; price per share: $38.78.
• Total shares sold: 3,648; total proceeds: $141,462.
• Filing date (Form 4): 2026-07-06 (reports the 2026-07-02 transactions).
• Shares owned after transaction: not specified in the information provided.
• Footnote: Sales were to satisfy the reporting person's tax withholding obligations arising from RSU vesting (company-mandated "sell to cover"); these are not discretionary trades.
• No indication in the provided data that the filing was late.

Context Sell-to-cover transactions are routine when restricted stock units vest and the company or plan requires withholding taxes to be satisfied by selling a portion of the shares. Such mandated sales generally do not reflect the insider's view on the company's prospects. Retail investors typically regard voluntary open-market purchases by insiders as a stronger signal than mandatory tax-withholding sales.