JANAC K CHARLES 4

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.