Arteris (AIP) 10% Owner K. Charles Janac Sells 100,000 Shares

What Happened K. Charles Janac, a 10% owner of Arteris, Inc. (AIP) and manager of Bayview Legacy, LLC, sold 100,000 shares in open-market transactions on September 1, 2026. The weighted average sale price was $20.75 per share, producing total proceeds of $2,074,970. The shares were sold in multiple trades at prices ranging from $20.465 to $21.410.

Key Details

• Transaction date: 2026-09-01 (filed on 2026-09-03). Filing appears to be within the standard two-business-day Form 4 window.
• Price: Weighted average $20.75; individual trades ranged $20.465–$21.410. The reporting person can provide a per-trade breakdown on request (footnote F2).
• Shares sold: 100,000 (code S — sale). Proceeds: $2,074,970.
• Shares owned after transaction: Not specified in the provided summary; consult the full Form 4 for post-transaction holdings.
• Notable footnotes:
  • F1: Sale was made pursuant to a 10b5-1 trading plan adopted Dec 12, 2025.
  • F3: Janac is manager of Bayview Legacy, LLC and thus has voting/dispositive power over the LLC’s shares.
  • F4: Some shares are held by the Charles and Lydia Janac Trust, for which he serves as trustee.

Context This was a planned sale under a pre-established 10b5-1 plan, which indicates the transactions were executed according to a prior trading arrangement rather than an ad-hoc decision based on current company knowledge. As a 10% owner (an institutional/large holder status), Janac’s sale reflects disposition by a significant shareholder but does not necessarily signal management’s view of the company’s near-term prospects.