Viana Antonio J 4
Research Summary
AI-generated summary
Arteris (AIP) Director Antonio J. Viana Sells 40,000 Shares
What Happened
- Antonio J. Viana, a director of Arteris, sold a total of 40,000 shares in open‑market transactions on May 13–14, 2026, for aggregate proceeds of approximately $1,446,964. The sales comprised 15,538 shares at a weighted avg $34.06 ($529,217), 4,462 shares at a weighted avg $35.35 ($157,747), and 20,000 shares at $38.00 (~$760,000). These were sales (S) rather than purchases; sales can be routine and, in this case, were executed under a prearranged 10b5‑1 trading plan.
Key Details
- Transaction dates and reported prices:
- 2026‑05‑13: 15,538 shares @ weighted avg $34.06 (range $34.00–$34.27) — $529,217 (footnote F2)
- 2026‑05‑13: 4,462 shares @ weighted avg $35.35 (range $35.00–$35.43) — $157,747 (footnote F3)
- 2026‑05‑14: 20,000 shares @ $38.00 — $760,000
- Total shares sold: 40,000; total proceeds: ≈ $1,446,964.
- Reported footnotes:
- F1: Sales made pursuant to a 10b5‑1 trading plan adopted June 10, 2025.
- F2/F3: Weighted‑average sale prices reported; specific per‑trade price breakdowns are available on request.
- Shares owned after the transactions: not specified in the provided filing summary.
- Filing timeliness: Form 4 was filed May 14, 2026 for transactions on May 13–14, 2026 — appears to be filed within the usual SEC Form 4 timing requirements (not marked late).
Context
- Sales executed under a 10b5‑1 plan are prearranged and often reflect planned dispositions rather than new negative information; they are common for insiders who want a preset trading schedule.
- For retail investors, purchases typically carry clearer bullish signals; routine plan‑based sales like these don't necessarily indicate changed company prospects.