Arteris, Inc. filed a current report on Form 8-K on August 6, 2026, disclosing the appointment of Saurabh Sinha as Chief Financial Officer, effective September 8, 2026, along with the terms of his compensation arrangement.

Key Highlights

  • New CFO: Saurabh Sinha was appointed Chief Financial Officer, principal financial officer, and principal accounting officer, effective September 8, 2026.
  • Base salary: Mr. Sinha will receive an annual base salary of $440,000.
  • Bonus eligibility: Mr. Sinha is eligible for a target bonus of 60% of his annual base salary under the Company's Management Performance Bonus Plan.
  • RSU grant: A restricted stock unit award with a target grant value of $3,700,000 will vest over four years, with 25% on the first anniversary of the grant date.
  • 2026 PSU: A performance stock unit award with a target grant value of $1,000,000 ties vesting to the Company reaching trailing four-quarter revenue of $200,000,000 or greater and a common stock closing price of $65 or greater.
  • 2027 PSU: An additional performance stock unit award with a target grant value of $1,000,000 will vest based on metrics under the Company's Long-Term Incentive Program for the period beginning January 1, 2027.
  • Prior role: Mr. Sinha most recently served as Chief Financial Officer of Aeva Technologies, Inc. since September 2020.

Arteris Names Saurabh Sinha as CFO and Details His Compensation Terms

Arteris, Inc. (NASDAQ: AIP), a semiconductor IP company headquartered in Campbell, California, disclosed on August 6, 2026 that its Board of Directors appointed Saurabh Sinha as Chief Financial Officer on August 3, 2026, with an effective start date of September 8, 2026. According to the filing, Mr. Sinha will simultaneously serve as the Company's principal financial officer and principal accounting officer. Before joining Aeva Technologies, Inc. in September 2020, Mr. Sinha held the role of Chief Accounting Officer at JUUL Labs from July 2018 to August 2020, and served as its interim Chief Financial Officer from January 2020 to May 2020. Prior to that, he held finance leadership roles at InvenSense Inc., a motion sensors company, from March 2014 to June 2018.

The offer letter, dated July 16, 2026, sets Mr. Sinha's annual base salary at $440,000 and makes him eligible for a target bonus of 60% of that salary under the Company's Management Performance Bonus Plan, contingent on pre-established performance goals. The filing describes the equity awards as granted under the Company's 2022 Employment Inducement Incentive Plan as of the start date. The RSU award, valued at a target of $3,700,000, vests over four years: 25% on the first grant-date anniversary, with the remainder vesting pro rata by day on the first day of each of the subsequent 12 consecutive fiscal quarters beginning January 1, 2028.

The 2026 PSU, with a target grant value of $1,000,000, carries two sequential vesting conditions: first, the Company must achieve annual trailing four-quarter publicly reported revenue of $200,000,000 or greater at any time on or before December 31, 2030; second, the Company's common stock must achieve a closing share price of $65 or greater, averaged over 15 trading days, on or before December 31, 2031. The 2027 PSU, also at a $1,000,000 target value, will be tied to LTIP metrics and is intended to be granted alongside the Company's 2027 focal executive grants. The number of shares underlying each award will be calculated by dividing the respective target grant value by the 30-day trailing average stock price immediately before the grant effective date, according to the filing.

What Was Disclosed

Arteris, Inc. reported the appointment of Saurabh Sinha as CFO effective September 8, 2026, and detailed his compensation: a $440,000 base salary, a 60% target bonus, a $3,700,000 RSU award, a $1,000,000 performance-based 2026 PSU, and a $1,000,000 performance-based 2027 PSU, all as described in an offer letter dated July 16, 2026.