Arteris Executive's Stock Sales Continue with New $101K Trading Plan
Rhea-AI Filing Summary
Form 144 Notice of Proposed Sale filed by Arteris details insider trading activity by Nicholas Hawkins. The filing indicates a proposed sale of 11,276 shares of common stock with an aggregate market value of $101,709.52 through Morgan Stanley Smith Barney LLC, planned for execution on June 25, 2025 on NASDAQ.
Key transaction details:
- Original acquisition: 11,276 shares via stock options on December 19, 2019
- Current outstanding shares: 41,977,728
- Recent trading history: Hawkins executed multiple sales in past 3 months totaling 26,496 shares for approximately $193,623
- Most transactions were conducted under a 10b5-1 trading plan
This Form 144 represents a standard insider sale notification, with the seller affirming no knowledge of undisclosed material adverse information regarding Arteris's operations.
Positive
- None.
Negative
- Insider Nicholas Hawkins has sold a total of 26,496 shares over the past 3 months through both planned and discretionary sales, with cumulative proceeds of $193,624, indicating consistent selling pressure from management