Director Raman Chitkara of Arteris (AIP) sells 5,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arteris, Inc. director Raman Chitkara sold 5,000 shares of Common Stock in an open-market transaction. The shares were sold on May 5, 2026 at a weighted average price of $30.0536 per share under a pre-arranged Rule 10b5-1 trading plan. After this sale, Chitkara directly holds 142,867 shares of Arteris common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 5,000 shares ($150,268)
Net Sell
1 txn
Insider
Chitkara Raman
Role
null
Sold
5,000 shs ($150K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,000 | $30.0536 | $150K |
Holdings After Transaction:
Common Stock — 142,867 shares (Direct, null)
Footnotes (1)
- 1. Transaction made pursuant to a 10b5-1 trading plan that was adopted by the Reporting Person on March 7, 2025. 2. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $30.00 to $30.26 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.
Key Figures
Shares sold: 5,000 shares
Weighted average sale price: $30.0536 per share
Post-transaction holdings: 142,867 shares
+1 more
4 metrics
Shares sold
5,000 shares
Open-market sale on May 5, 2026
Weighted average sale price
$30.0536 per share
Common Stock sale on May 5, 2026
Post-transaction holdings
142,867 shares
Shares directly owned after sale
Sale price range
$30.00–$30.26 per share
Range of individual trade prices
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, open-market sale
3 terms
Rule 10b5-1 trading plan financial
"Transaction made pursuant to a 10b5-1 trading plan that was adopted..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
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.
FAQ
What insider transaction did Arteris (AIP) report for Raman Chitkara?
Arteris disclosed that director Raman Chitkara sold 5,000 shares of its common stock. The sale occurred on May 5, 2026 as an open-market transaction at a weighted average price of about $30.05 per share.
Was the Arteris (AIP) insider sale made under a Rule 10b5-1 plan?
Yes. The filing states the transaction was made pursuant to a Rule 10b5-1 trading plan. That plan was adopted by the reporting person on March 7, 2025, indicating the sale was pre-arranged rather than a spontaneous market decision.
What does the weighted average price mean in the Arteris (AIP) Form 4?
The Form 4 lists a weighted average sale price of $30.0536 for the 5,000 shares. It explains these shares were sold in multiple trades between $30.00 and $30.26, and detailed breakdowns are available upon request to the issuer or regulators.