Alpern Paul L 4

What Happened

• Paul L. Alpern, Vice President and General Counsel of Arteris, sold a total of 6,003 shares in open‑market transactions on July 6, 2026, for aggregate proceeds of approximately $215,587. The sales were: 1,824 shares at a weighted avg. $37.13 ($67,724), 1,301 shares at $35.98 ($46,812), and 2,878 shares at $35.11 ($101,051). These were dispositions (sales), which are generally routine but reduce the insider’s holdings.

Key Details

• Transaction date: July 6, 2026; Form 4 filed July 8, 2026.
• Total shares sold: 6,003; total proceeds: ~$215,587.
• Price details: reported as weighted averages with per‑lot ranges — $36.81–$37.57, $35.70–$36.40, and $34.65–$35.40 (the filer can provide exact breakdowns on request).
• Trading plan: sales were made pursuant to a 10b5‑1 plan adopted by Mr. Alpern on Feb 23, 2026 (footnote F1).
• Shares owned after the transaction: not specified in the provided filing.
• Filing timeliness: Form 4 was filed two days after the transactions; no late‑filing notation indicated in the provided data.

Context

• Because the sales were executed under a preexisting 10b5‑1 trading plan, they were likely scheduled in advance and not necessarily a contemporaneous signal about the company. For retail investors, purchases are typically more informative of positive insider sentiment; planned sales are often for diversification or personal liquidity.