Arteris (NASDAQ: AIP) awards VP, GC 32,385 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Alpern Paul L reported acquisition or exercise transactions in this Form 4 filing.
Arteris, Inc. reported that its VP and General Counsel, Paul L. Alpern, received an equity award of 32,385 restricted stock units (RSUs), each representing one share of common stock, at no cash cost per share. These RSUs will vest as to 1/16 of the total on April 1, 2026, then in equal quarterly installments thereafter, and have no expiration date. Following this grant, Alpern beneficially owns 90,035 shares of common stock, including the 32,385 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Alpern Paul L
Role
VP and General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 32,385 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 90,035 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Arteris (AIP) report for Paul L. Alpern?
Arteris reported that VP and General Counsel Paul L. Alpern acquired 32,385 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Arteris common stock, awarded at no cash cost per share as equity compensation.
What are the vesting terms of the 32,385 RSUs granted by Arteris (AIP)?
The 32,385 RSUs vest over time, with 1/16 of the total vesting on April 1, 2026. The remaining RSUs then vest in equal quarterly installments thereafter, aligning the award with continued service over multiple vesting dates.
Do the Arteris (AIP) RSUs granted to Paul L. Alpern have an expiration date?
The RSUs granted to Paul L. Alpern have no expiration date. Each RSU remains outstanding until it either vests and converts into one share of Arteris common stock or is otherwise forfeited under the applicable award terms.
Was the Arteris (AIP) RSU grant to Paul L. Alpern a market purchase?
No. The transaction is coded as a grant or award acquisition, not a market purchase. Alpern received 32,385 restricted stock units at a reported price of $0.0000 per share as part of his equity compensation package.