Arteris grants CFO Saurabh Sinha $4.7 million in inducement RSUs, PSUs
Reuters2026/09/11 20:30Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Arteris granted CFO Saurabh Sinha inducement equity awards dated Sept. 8, 2026, with a target value of USD 4.7 million.
- Package includes RSUs valued at USD 3.7 million covering 142,835 shares, vesting 25% after one year then quarterly through Jan. 1, 2028.
- PSUs valued at USD 1 million cover a target 38,604 shares, vesting only if revenue reaches USD 200 million by Dec. 31, 2030.
- PSUs also require a 15-day average closing share price of at least USD 65 by Dec. 31, 2031.
- PSUs are forfeited upon a change in control if goals are unmet; other unvested equity may accelerate on qualifying termination.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Arteris Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609111630PRIMZONEFULLFEED9825017) on September 11, 2026, and is solely responsible for the information contained therein.
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