JANAC K CHARLES 4

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.