JANAC K CHARLES 4
4 · Arteris, Inc. · Filed Jul 8, 2026
Research Summary
AI-generated summary of this filing
Arteris (AIP) 10% Owner Janac K. Charles Sells 136,655 Shares
What Happened
Janac K. Charles, a 10% owner of Arteris, Inc. (AIP), sold a total of 136,655 shares in open-market transactions on July 6, 2026, generating approximately $4,892,593 in proceeds. The sales were executed in six blocks: 5,316 shares @ $35.12; 2,455 @ $36.17; 2,908 @ $37.12; 29,490 @ $37.07; 27,908 @ $36.24; and 68,578 @ $35.06. These disposals were reported as sales (S) and were made pursuant to a pre-established 10b5-1 trading plan.
Key Details
- Date of transactions: July 6, 2026 (filed July 8, 2026 — appears timely).
- Shares sold / proceeds: 136,655 shares for about $4,892,593 total.
- Per-block weighted average prices: 5,316 @ $35.12; 2,455 @ $36.17; 2,908 @ $37.12; 29,490 @ $37.07; 27,908 @ $36.24; 68,578 @ $35.06.
- Reported price ranges (per footnotes): sales across transactions ranged roughly from $34.64 to $37.58.
- Plan/authority: Sales executed under a 10b5-1 trading plan adopted Dec 12, 2025 (footnote F1).
- Ownership structure notes: Reporting person is manager of Bayview Legacy, LLC (F6) and trustee of the Charles and Lydia Janac Trust (F9), which affects beneficial ownership reporting.
- Shares owned after transaction: not provided in the data you supplied — check the full Form 4 for post-transaction holdings.
Context
These were open-market sales by a 10% owner under a scheduled 10b5-1 plan, which typically indicates pre-planned liquidity rather than ad hoc trading based on current information. Sales by insiders can be routine (tax or diversification reasons); purchases generally carry more weight as bullish signals. No options exercises, awards, or gifts are reported in this filing.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-07-06$35.12/sh−5,316$186,674→ 180,511 total - Sale
Common Stock
[F1][F3]2026-07-06$36.17/sh−2,455$88,795→ 178,056 total - Sale
Common Stock
[F1][F4]2026-07-06$37.12/sh−2,908$107,939→ 175,148 total - Sale
Common Stock
[F1][F5][F6]2026-07-06$37.07/sh−29,490$1,093,209→ 8,525,557 total(indirect: Bayview Legacy) - Sale
Common Stock
[F1][F7]2026-07-06$36.24/sh−27,908$1,011,288→ 8,497,649 total(indirect: Bayview Legacy) - Sale
Common Stock
[F1][F8]2026-07-06$35.06/sh−68,578$2,404,688→ 8,429,071 total(indirect: Bayview Legacy)
- 56,252(indirect: By Trust)
Common Stock
[F9]
Footnotes (9)
- [F1]Transaction made pursuant to a 10b5-1 trading plan that was adopted by the Reporting Person on December 12, 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 $34.67 to $35.55 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 price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $35.69 to $36.67 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 price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $36.77 to $37.57 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 price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $36.66 to $37.58 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 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.
- [F7]The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $35.66 to $36.655 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 $34.64 to $35.63 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 shares are held by Charles and Lydia Janac Trust, for which the Reporting Person serves as trustee.