JANAC K CHARLES 4
4 · Arteris, Inc. · Filed Feb 11, 2026
Research Summary
AI-generated summary of this filing
Arteris (AIP) 10% Owner Janac K. Charles Sells 50,000 Shares
What Happened
Janac K. Charles, a reported 10% owner of Arteris, Inc. (AIP), sold a total of 50,000 shares in open‑market transactions on February 9–10, 2026. On Feb 9 he sold 47,244 shares at a weighted average price of $15.21 for proceeds of $718,359; on Feb 10 he sold 2,756 shares at a weighted average price of $15.03 for proceeds of $41,429. Total proceeds across both days were about $759,788. These were sales (not purchases or option exercises).
Key Details
- Transaction dates: Feb 9, 2026 (47,244 shares at $15.21 WAP, range $14.51–$15.46) and Feb 10, 2026 (2,756 shares at $15.03 WAP, range $14.85–$15.22).
- Total shares sold: 50,000; approximate total proceeds: $759,788.
- Filing date: Form 4 filed Feb 11, 2026 — appears timely for these Feb 9–10 trades.
- Plan/authorization: Sales were made pursuant to a 10b5‑1 trading plan adopted by the reporting person on March 5, 2025 (Footnote F1).
- Beneficial‑ownership notes: Reporting person is manager of Bayview Legacy, LLC (deemed to have voting/dispositive power over its shares) and serves as trustee of the Charles and Lydia Janac Trust (Footnotes F3, F5).
- Price details: Weighted average prices reported; per footnotes the trades occurred across multiple prices in the ranges cited and the filer can provide breakdowns on request (Footnotes F2, F4).
- Shares owned after transaction: Not specified in the supplied summary of this filing.
Context
These sales were executed under a prearranged 10b5‑1 plan, which generally means trades were scheduled in advance and may reflect routine disposition rather than a real‑time view on the stock. As a 10% owner (not necessarily an executive), Janac's transactions reflect insider selling by a significant holder; the filing provides factual detail but does not disclose motivation.
Insider Transaction Report
- Sale
Common Stock
[F1][F2][F3]2026-02-09$15.21/sh−47,244$718,359→ 9,351,827 total(indirect: By LLC) - Sale
Common Stock
[F1][F4][F3]2026-02-10$15.03/sh−2,756$41,429→ 9,349,071 total(indirect: By LLC)
- 139,487
Common Stock
- 56,252(indirect: By Trust)
Common Stock
[F5]
Footnotes (5)
- [F1]Transaction made pursuant to a 10b5-1 trading plan that was adopted by the Reporting Person on March 5, 2025.
- [F2]The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $14.51 to $15.46 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.
- [F3]The Reporting Person is the manager of Bayview Legacy, LLC and as such is deemed to have voting and dispositive power of the shares beneficially owned by Bayview Legacy, LLC.
- [F4]The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $14.85 to $15.22 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.
- [F5]The shares are held by Charles and Lydia Janac Trust, for which the Reporting Person serves as trustee.