JANAC K CHARLES 4

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.