JANAC K CHARLES 4
4 · Arteris, Inc. · Filed Mar 27, 2026
Research Summary
AI-generated summary of this filing
Arteris (AIP) 10% Owner Janac K. Charles Sells Shares
What Happened
Janac K. Charles, a 10% owner of Arteris, Inc. (AIP), sold a total of 40,000 shares in two open-market transactions executed March 25–26, 2026. On March 25, 2026 Charles disposed of 7,012 shares at a reported weighted-average price of $18.03 for proceeds of $126,433. On March 26, 2026 Charles disposed of 32,988 shares at a reported weighted-average price of $18.35 for proceeds of $605,191. Total proceeds across both days were about $731,624. These transactions are sales (S) — routine disposition rather than a purchase signal.
Key Details
- Transaction dates and reported weighted-average prices:
- 2026-03-25: 7,012 shares sold @ $18.03 (proceeds $126,433). Footnote indicates actual sale prices ranged $18.00–$18.08.
- 2026-03-26: 32,988 shares sold @ $18.35 (proceeds $605,191). Footnote indicates actual sale prices ranged $18.00–$18.70.
- Total shares sold: 40,000; total proceeds: ≈ $731,624.
- Shares owned after the transaction: not specified in this Form 4 filing.
- Notable footnotes:
- Sales executed pursuant to a 10b5‑1 trading plan adopted by the reporting person on March 5, 2025.
- Reporting person is manager of Bayview Legacy, LLC (deemed to have voting/dispositive power) and trustee of the Charles & Lydia Janac Trust for certain shares.
- Filing: Form 4 filed March 27, 2026, reporting trades on March 25–26, 2026 (no late-filing indication in the document).
Context
A 10% owner (institutional/large shareholder) executed these sales under a pre-established 10b5‑1 plan, which typically schedules trades in advance and is meant to avoid trading based on nonpublic information. Sales by insiders are common and do not, by themselves, indicate company performance or insider sentiment.
Insider Transaction Report
- Sale
Common Stock
[F1][F2][F3]2026-03-25$18.03/sh−7,012$126,433→ 9,222,059 total(indirect: By LLC) - Sale
Common Stock
[F1][F4][F3]2026-03-26$18.35/sh−32,988$605,191→ 9,189,071 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 $18.00 to $18.08 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 $18.00 to $18.70 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.