JANAC K CHARLES 4
4 · Arteris, Inc. · Filed Mar 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 two open-market transactions. On 2026-03-09 he disposed of 41,000 shares for a weighted average price of $14.21 (proceeds $582,626). On 2026-03-10 he disposed of 9,000 shares for a weighted average price of $14.66 (proceeds $131,967). Combined proceeds were about $714,593. These were sales (code S) rather than purchases.
Key Details
- Transaction dates and prices:
- 2026-03-09: 41,000 shares sold; weighted avg price $14.21; price range reported $14.00–$14.63; proceeds $582,626. (Footnote F2)
- 2026-03-10: 9,000 shares sold; weighted avg price $14.66; price range reported $14.35–$14.90; proceeds $131,967. (Footnote F4)
- Combined: 50,000 shares sold for ~ $714,593.
- Post-transaction holdings: Not specified in the information provided in this summary (filing should be checked for exact beneficial ownership after the sales).
- Notable footnotes:
- F1: Sales were made pursuant to a 10b5-1 trading plan adopted March 5, 2025.
- F3/F5: The Reporting Person is manager of Bayview Legacy, LLC (deemed to have voting/dispositive power over those shares) and serves as trustee of the Charles and Lydia Janac Trust.
- Filing timeliness: Form 4 was filed 2026-03-11 for transactions on 2026-03-09 and 2026-03-10 — appears timely (no late-filing flag).
Context
Sales executed under a 10b5-1 plan are pre-scheduled trades and are generally considered routine plan-based disposals rather than ad hoc insider selling. As a 10% owner (not necessarily an executive), these transactions reflect disposition of holdings but do not, by themselves, indicate company prospects. Retail investors should view this as informative but not definitive—check the full Form 4 for exact post-transaction ownership and any additional disclosures.
Insider Transaction Report
- Sale
Common Stock
[F1][F2][F3]2026-03-09$14.21/sh−41,000$582,626→ 9,238,071 total(indirect: By LLC) - Sale
Common Stock
[F1][F4][F3]2026-03-10$14.66/sh−9,000$131,967→ 9,229,071 total(indirect: By LLC)
- 217,538
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 $14.00 to $14.63 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 $14.35 to $14.90 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.