JANAC K CHARLES 4
4 · Arteris, Inc. · Filed Jul 6, 2026
Research Summary
AI-generated summary of this filing
Arteris (AIP) 10% Owner K. Charles Janac Sells Shares
What Happened
K. Charles Janac, reported as a 10% owner (also manager of Bayview Legacy, LLC and trustee of the Charles & Lydia Janac Trust), disposed of 203,588 Arteris, Inc. (AIP) shares in open-market transactions on July 2, 2026. The reported sales generated approximately $7,421,411 in proceeds. Individual lots were reported at weighted average prices from roughly $34.77 up to $43.24 per share, with footnotes indicating sale price ranges across multiple trades up to about $43.51.
Key Details
- Transaction date: July 2, 2026; Form 4 filed July 6, 2026 (timely filing).
- Total shares sold: 203,588; total proceeds: ~$7.42 million.
- Reported per-lot prices (examples): $34.77, $35.67, $36.70, $37.61, $38.78, $38.89, $39.72, $40.78, $43.24; several lots reported as weighted averages with a range of execution prices.
- Notable footnotes:
- F1 — many shares were sold to satisfy tax withholding on the release of restricted stock units (sell-to-cover).
- F2 — some sales were made under a 10b5-1 trading plan adopted Dec 12, 2025.
- F4/F12 — Janac is manager of Bayview Legacy, LLC and trustee of the Charles & Lydia Janac Trust (indicates which entities’ shares were sold).
- Shares owned after transaction: not specified in the provided filing excerpt.
Context
These transactions are sales (not purchases): sell-to-cover trades for tax withholding and trades under a pre-arranged 10b5‑1 plan are routine and do not necessarily signal a change in view on the company. As a 10% owner and manager/trustee of related entities, Janac’s dispositions reflect holdings by affiliated entities rather than an ordinary employee buy/sell. Retail investors should note purchases generally carry more informational weight than routine, mandated sales.
Insider Transaction Report
Form 4
JANAC K CHARLES
DirectorPresident and CEO10% Owner
Transactions
- Sale
Common Stock
[F1]2026-07-02$38.78/sh−3,221$124,904→ 193,508 total - Sale
Common Stock
[F1]2026-07-02$38.78/sh−2,293$88,918→ 191,215 total - Sale
Common Stock
[F1]2026-07-02$38.78/sh−2,613$101,327→ 188,602 total - Sale
Common Stock
[F1]2026-07-02$38.78/sh−2,775$107,609→ 185,827 total - Sale
Common Stock
[F2][F3][F4]2026-07-02$37.61/sh−11,000$413,681→ 8,736,733 total(indirect: Bayview Legacy) - Sale
Common Stock
[F2][F5]2026-07-02$36.70/sh−39,880$1,463,440→ 8,696,853 total(indirect: Bayview Legacy) - Sale
Common Stock
[F2][F6]2026-07-02$35.67/sh−26,348$939,894→ 8,670,505 total(indirect: Bayview Legacy) - Sale
Common Stock
[F2][F7]2026-07-02$34.77/sh−80,042$2,783,108→ 8,590,463 total(indirect: Bayview Legacy) - Sale
Common Stock
[F2][F8]2026-07-02$38.89/sh−24,691$960,211→ 8,565,772 total(indirect: Bayview Legacy) - Sale
Common Stock
[F2][F9]2026-07-02$39.72/sh−5,482$217,765→ 8,560,290 total(indirect: Bayview Legacy) - Sale
Common Stock
[F2][F10]2026-07-02$40.78/sh−2,500$101,958→ 8,557,790 total(indirect: Bayview Legacy) - Sale
Common Stock
[F2][F11]2026-07-02$43.24/sh−2,743$118,596→ 8,555,047 total(indirect: Bayview Legacy)
Holdings
- 56,252(indirect: By Trust)
Common Stock
[F12]
Footnotes (12)
- [F1]Shares sold to satisfy the Reporting Person's tax liability arising as a result of the release of restricted stock units. These sales are mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person.
- [F10]The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $40.44 to $40.90 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.
- [F11]The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $42.57 to $43.51 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.
- [F12]The shares are held by Charles and Lydia Janac Trust, for which the Reporting Person serves as trustee.
- [F2]Transaction made pursuant to a 10b5-1 trading plan that was adopted by K. Charles Janac, as the manager of Bayview Legacy, LLC, on December 12, 2025.
- [F3]The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $37.20 to $38.17 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.
- [F4]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.
- [F5]The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $36.20 to $37.19 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.
- [F6]The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $35.20 to $36.19 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.
- [F7]The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $34.20 to $35.19 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.
- [F8]The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $38.27 to $39.25 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.
- [F9]The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $39.30 to $40.29 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.
Signature
/s/ Paul Alpern, as Attorney-in-Fact for JANAC K CHARLES|2026-07-06