Arteris (AIP) CFO sells 221,035 shares and exercises 213,021 options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arteris, Inc. VP and Chief Financial Officer Nicholas B. Hawkins reported an exercise-and-sell sequence in company stock. On May 15, 2026, he exercised stock options covering 213,021 shares of common stock at exercise prices of $0.56 and $9.28 per share.
On the same date, he sold 221,035 shares of common stock in open-market transactions at weighted average prices ranging from about $32.18 to $34.65 per share, according to the footnotes. After these trades, he continues to hold more than 100,000 shares directly.
Positive
- None.
Negative
- None.
Insights
CFO exercised low-priced options and sold shares in routine liquidity trades.
Arteris VP and CFO Nicholas B. Hawkins exercised options for 213,021 shares at relatively low strike prices of $0.56 and $9.28. He then sold 221,035 common shares in open-market transactions at weighted average prices in the low-to-mid $30 range.
This pattern reflects a typical exercise-and-sell sequence where derivative awards convert into common stock and cash. There is no indication of a Rule 10b5-1 trading plan in the provided data, and no remaining option positions are shown in the derivative summary, suggesting these particular option grants were fully exercised.
Insider Trade Summary
Net Seller: 221,035 shares ($7,381,777)
Net Sell
7 txns
Insider
Hawkins Nicholas B.
Role
VP and Chief Financial Officer
Sold
221,035 shs ($7.38M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Incentive Stock Option (right to buy) | 197,396 | $0.00 | -- |
| Exercise | Non-Qualified Stock Option (right to buy) | 15,625 | $0.00 | -- |
| Exercise | Common Stock | 197,396 | $0.56 | $111K |
| Exercise | Common Stock | 15,625 | $9.28 | $145K |
| Sale | Common Stock | 52,928 | $32.9749 | $1.75M |
| Sale | Common Stock | 164,916 | $33.5087 | $5.53M |
| Sale | Common Stock | 3,191 | $34.585 | $110K |
Holdings After Transaction:
Incentive Stock Option (right to buy) — 0 shares (Direct, null);
Non-Qualified Stock Option (right to buy) — 0 shares (Direct, null);
Common Stock — 316,010 shares (Direct, null)
Footnotes (1)
- The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $32.18 to $33.175 inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $33.18 to $33.98 inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $34.42 to $34.65 inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Incentive stock options, 25% of the total shares vested on November 11, 2020 and the remainder vesting 1/48th monthly thereafter for three years. Non-qualified stock options, vesting in 16 equal quarterly installments of 1/16th each, beginning on April 1, 2025.
Key Figures
Shares sold: 221,035 shares
Shares from option exercises: 213,021 shares
Sale price range (block 1): $32.18–$33.175/share
+5 more
8 metrics
Shares sold
221,035 shares
Common stock sold in open-market transactions on May 15, 2026
Shares from option exercises
213,021 shares
Common shares acquired via option exercises on May 15, 2026
Sale price range (block 1)
$32.18–$33.175/share
Weighted-average sale price range noted in footnote F1
Sale price range (block 2)
$33.18–$33.98/share
Weighted-average sale price range noted in footnote F2
Sale price range (block 3)
$34.42–$34.65/share
Weighted-average sale price range noted in footnote F3
Incentive option strike price
$0.56/share
Exercise price for 197,396 incentive stock option shares
Non-qualified option strike price
$9.28/share
Exercise price for 15,625 non-qualified stock option shares
Remaining direct holdings (minimum)
>100,000 shares
Post-transaction direct ownership inferred from balances over 110,000 shares
Key Terms
Non-Qualified Stock Option (right to buy), Incentive Stock Option (right to buy), weighted average sale price, open-market sale, +2 more
6 terms
Non-Qualified Stock Option (right to buy) financial
"security_title: "Non-Qualified Stock Option (right to buy)""
Incentive Stock Option (right to buy) financial
"security_title: "Incentive Stock Option (right to buy)""
weighted average sale price financial
"The price reported in Column 4 is a weighted average sale price."
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion""
Incentive stock options financial
"Incentive stock options, 25% of the total shares vested on November 11, 2020"
Incentive stock options are a type of employee stock option that gives eligible workers the right to buy company shares at a fixed price later on, often below future market value. They matter to investors because they align employee incentives with company performance, can dilute existing ownership when exercised, and create potential tax advantages for option holders if certain holding-time rules are met — think of them as a coupon to buy stock at today’s price with extra tax rules attached.
FAQ
What insider transactions did Arteris (AIP) CFO Nicholas Hawkins report?
Nicholas B. Hawkins reported exercising stock options for 213,021 Arteris common shares and selling 221,035 shares in open-market trades on May 15, 2026. The filing shows both derivative exercises and subsequent stock sales in multiple weighted-average price ranges in the low-to-mid $30s.
What stock options did the Arteris (AIP) CFO exercise in this Form 4?
He exercised options for 197,396 shares at an exercise price of $0.56 and 15,625 shares at $9.28, both converting into Arteris common stock. These were incentive and non-qualified stock options that had vested over time under their stated vesting schedules.
Were the Arteris (AIP) CFO’s option exercises tied to specific vesting terms?
Yes. Footnotes explain that the incentive stock options vested 25% on November 11, 2020, with the remainder vesting monthly over three years, while the non-qualified stock options vest in 16 equal quarterly installments beginning April 1, 2025. These schedules governed when the options became exercisable.