Cantwell Wayne C 4
Research Summary
AI-generated summary
Arteris (AIP) Director Wayne Cantwell Sells 38,500 Shares
What Happened
Wayne C. Cantwell, a director of Arteris, sold 38,500 shares of Arteris, Inc. in an open-market/private sale on May 26, 2026. The filing reports a weighted average sale price of $37.23, for total proceeds of approximately $1,433,166. This transaction is a sale (disposition), which is commonly routine insider selling and not necessarily an indication of company prospects.
Key Details
- Transaction date: May 26, 2026. Report filed May 27, 2026 (timely; Form 4s are due within two business days).
- Price: weighted average $37.23 per share; actual trade prices ranged from $36.79 to $37.55 (footnote confirms multiple transactions and offers to provide a breakdown on request).
- Shares sold: 38,500; total proceeds ≈ $1,433,166.
- Shares owned after transaction: not specified in the information provided in this summary.
- Footnotes: F1 notes the reported price is a weighted average and prices ranged $36.79–$37.55; F2 notes the shares were held by The Cantwell Living Trust, for which Mr. Cantwell is trustee.
Context
Sales by directors can be for many personal or portfolio reasons and are less informative than insider purchases for signaling confidence. Here the sale was executed via multiple open-market trades and involved trust-held shares, per the filing footnote. Investors should consider this alongside other insider activity and company fundamentals rather than viewing it alone as a positive or negative signal.